When the Overall Market Is Up by 10%,investors with Portfolios

question 1

Multiple Choice

When the overall market is up by 10%,investors with portfolios of defensive stocks will probably have:

• A) negative portfolio returns less than 10%.
• B) negative portfolio returns greater than 10%.
• C) positive portfolio returns less than 10%.
• D) positive portfolio returns greater than 10%.

---

Definitions:

Social Security Tax

Social Security Tax is a tax levied on both employers and employees to fund the Social Security program, which provides retirement, disability, and survivorship benefits.

Medicare Tax

A federal tax deducted from an individual’s earnings to fund the Medicare program, typically as part of payroll taxes.

Time And A Half

The rate of pay that is 1.5 times the employee's regular hourly rate, often paid for overtime work.

Current Portion

The current portion usually refers to the segment of long-term debt or loan that is due to be paid within the next fiscal year.