Sharif's Portfolio Generated Returns of 12 Percent, 15 Percent, -15

question 80

Multiple Choice

Sharif's portfolio generated returns of 12 percent, 15 percent, -15 percent, 19 percent, and -12 percent over five years. What was his average return over this period?

• A)19 percent
• B)3.8 percent
• C)17 percent
• D)2.1 percent

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Definitions:

Customizable

Customizable refers to the ability of a product or service to be modified or tailored according to the specific needs or preferences of a customer.

Upstream Activities

Operations or processes in an industry that occur closer to the source of raw materials or the beginning of the production line, such as exploration and extraction in the oil industry.

Sourcing

The process involved in finding, evaluating, and engaging suppliers of goods and services.

Procurement

The process of finding, agreeing to terms, and acquiring goods, services, or works from an external source, often involving tendering or competitive bidding.