Dan Short Invested $7,000 on October 1,2009,and in Return He

question 70

Multiple Choice

Dan Short invested $7,000 on October 1,2009,and in return he received a total of $6,200,which he collected on October 1,2010.The rate of return on Dan's investment was:

• A)(12.9%)
• B)12.9%
• C)11.4%
• D)(11.4%)

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Definitions:

Expected Rate

The anticipated yield or return on an investment, loan, or other financial products over a specific period.

Standard Deviation

A measure of the dispersion or variation in a set of values, indicating how much the values differ from the mean.

Risk-Free Asset

An investment with a guaranteed return and no chance of default, often used as a benchmark for the risk level of other investments.

Standard Deviation

A statistical measure that quantifies the amount of variability or dispersion of a set of data points or distribution from the mean.