You Have a Portfolio Valued at $10,000

question 34

Multiple Choice

You have a portfolio valued at $10,000. Over the next twelve months it loses 50% of its value. What return does the portfolio need to earn over the following twelve months to be restored to its original value?

• A) 100%
• B) 50%
• C) 200%
• D) 25%

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Definitions:

Professional Salesperson's Values

The ethical standards and principles that guide the behavior and decisions of a salesperson in a professional setting.

Code of Ethics

A set of guidelines designed to help professionals conduct their business with integrity and honesty.

Social and Ethical Issues

Considerations that involve the impact of a company's actions on society and the adherence to moral principles.

Preconventional Level of Moral Development

The initial phase of moral development in Kohlberg's theory, where an individual's moral reasoning is based primarily on external consequences and individual needs.