Over the Past Four Years,Hi-Tech Development Stock Returned 35

question 25

Multiple Choice

Over the past four years,Hi-Tech Development stock returned 35.2,38.8,18.4,and -32.2 percent annually.What is the arithmetic average return?

• A) 15.05 percent
• B) 17.67 percent
• C) 20.53 percent
• D) 24.20 percent
• E) 32.25 percent

---

Definitions:

Debt Financing

Refers to raising funds for company operations or expansion by borrowing money.

Equity Financing

Raising capital through the sale of shares in a company.

Entrepreneurial Start Up

A phase in the life of a business where an idea is transformed into a marketable product or service through innovative means.

Entrepreneurial Behaviours

Actions and practices characterized by the initiative to start and manage ventures, including risk-taking, innovative approaches to problem-solving, and the capacity to exploit opportunities.