Mike's Portfolio Has a Two-Year Expected Return of 21

question 4

Multiple Choice

Mike's portfolio has a two-year expected return of 21.70 percent.What is the expected return for one year?

• A) 10.85 percent
• B) 12.50 percent
• C) 13.33 percent
• D) 14.22 percent
• E) 15.34 percent

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Definitions:

S-R Association

The connection between a stimulus and the response it triggers, fundamental to behaviorist theories of learning and conditioning.

Learning Process

The acquisition of knowledge, skills, behaviors, or preferences, often as a result of study, experience, or teaching, which involves changes in the brain.

Cathexis

The idea that the ability of deprivation states to motivate behavior transfers to the stimuli present during the deprivation state.

Tolman

An American psychologist known for his work on latent learning and cognitive maps in rats and humans.