Pat Realized a Total Return of 11

question 13

Multiple Choice

Pat realized a total return of 11.8 percent which is less than his expected return of 12.5 percent.What is the amount of his unexpected return?

• A) -1.4 percent
• B) -0.7 percent
• C) 0.7 percent
• D) 1.4 percent
• E) 1.8 percent

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Definitions:

Bill of Rights

The first ten amendments to the U.S. Constitution, ratified in 1791, guaranteeing essential rights and liberties to American citizens.

Multinational Corporations

Large business organizations that operate and provide goods or services in multiple countries beyond their country of origin.

Congressional Oversight

The review and supervision of federal agencies, programs, and policy implementations by the United States Congress.

Free Exercise Clause

A provision in the First Amendment of the U.S. Constitution that guarantees the freedom to practice one's own religion without government interference.