The Past Five Monthly Returns for PG&E Are 12

question 63

Multiple Choice

The past five monthly returns for PG&E are 12.14 percent, -11.37 percent, 3.77 percent, 6.47 percent, and 3.58 percent. What is the average monthly return?

• A)2.92 percent
• B)1.21 percent
• C)(-3.46 percent)
• D)3.17 percent

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Definitions:

Reversion Interest

An interest in an asset or property that reverts back to the original owner, or their heirs, after the conclusion of certain conditions or time periods.

Life Tenant

An individual who has the right to use and benefit from a property during their lifetime, but does not have the right to sell or bequeath the property.

Tenant-in-Common

A form of co-ownership where each owner holds an undivided interest in property without the right of survivorship, meaning upon death their share can be left to heirs or specified in a will.

Fee Simple Ownership

A type of freehold ownership where the owner has the most complete ownership in the property, including the land and any structures on it, subject to government regulations.