Foxy Ladies Investment Club

question 80

Multiple Choice

Foxy Ladies Investment Club
The Foxy Ladies Investment Club purchased 100 shares of common stock each in Coca-Cola, Intel, and Merck on January 02, 2010. A summary of their portfolio is given below:

-Refer to Foxy Ladies Investment Club.What was the portfolio's geometric average return per year from 2010 through 2012?

• A) 20.0%
• B) 21.8%
• C) 68.3%
• D) 18.9%
• E) Not enough information is given to compute the geometric average return.

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Definitions:

Arrest Warrant

A legal document issued by a judge or magistrate that authorizes law enforcement to arrest an individual on suspicion of committing a crime.

Crime

An action or omission that constitutes an offense and is punishable by law.

Accesses

The act of approaching or entering a place, or the ability to use, look at, or obtain something.

Computer Online

The state or condition of being connected to a network of computers or the Internet, enabling digital communication and access to information.