You Own a Stock That Has Produced an Arithmetic Average

question 104

Multiple Choice

You own a stock that has produced an arithmetic average return of 5.6 percent over the past five years.The annual returns for the first four years were 15,10,-18,and 8 percent,respectively.What was the rate of return on the stock in year five?

• A) -5.00 percent
• B) 2.75 percent
• C) 6.25 percent
• D) 13.00 percent
• E) 32.00 percent

Characterize the attitudes and management styles in global companies regarding language and corporate culture.

Understand the cultural dimensions identified by the GLOBE project and their impact on international business practices.

Understand the importance of considering personality in career choices.

Recognize the skills and attributes employers seek in new graduates.

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Definitions:

Equation

A mathematical statement that asserts the equality of two expressions, symbolized by the equals sign.

Slope-Intercept Form

A way of writing linear equations as \(y = mx + b\), where \(m\) is the slope and \(b\) is the y-intercept.

Equation

A mathematical statement that asserts the equality of two expressions, typically involving one or more variables.

Slope

The measure of the steepness or incline of a line, defined as the ratio of the vertical change to the horizontal change.