Meryl Janicky, a Mutual Fund Manager, Is Evaluating the Recent

question 47

Multiple Choice

Meryl Janicky, a mutual fund manager, is evaluating the recent performance of the shares of Thames Boats International, a publicly traded company in Great Britain. Ms Janicky's firm has $200,000 invested in Thames Boats and she has gathered the information presented in the following table. What was the return on the security in dollars?

• A) 7.47%
• B) 10.50%
• C) 12.07%
• D) 16.66%

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Definitions:

Microeconomics

The branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources.

Margin

The difference between the selling price of a product or service and its production or acquisition costs, often expressed as a percentage of the selling price.

Incentives

Incentives are benefits or rewards provided to encourage specific behaviors or actions, playing a crucial role in economic decision-making.