An Asset Had Returns of 7

question 73

Multiple Choice

An asset had returns of 7.7,5.4,3.6,-4.2,and -1.3 percent,respectively,over the past five years.What is the variance of these returns?

• A) 0.00173
• B) 0.00184
• C) 0.00216
• D) 0.00240
• E) 0.00259

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Definitions:

System Justification Theory

A social psychological theory that proposes people are motivated to defend and justify the existing social, economic, and political arrangements.

Stereotypes

Widely held but fixed and oversimplified images or ideas of a particular type of person or thing.

Status Quo

The existing state of affairs, particularly concerning social or political issues, often used to describe conditions that remain unchanged.

Drug Addicts

Individuals who are dependent on drugs, characterized by an uncontrollable urge to consume drugs despite harmful consequences.