A Portfolio Had an Original Value of $7,400 Seven Years

question 102

Multiple Choice

A portfolio had an original value of $7,400 seven years ago.The current value of the portfolio is $11,898.What is the average geometric return on this portfolio?

• A) 7.02 percent
• B) 7.47 percent
• C) 7.59 percent
• D) 7.67 percent
• E) 7.88 percent

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Definitions:

Ancient Greece

A period in history that lasted from around the 8th Century BC to the end of antiquity (c. 600 AD) and is considered the cradle of Western civilization, notable for its advances in art, philosophy, and politics.

Moral Treatment Movement

A historical movement in the 18th and 19th centuries advocating for the humane treatment of individuals with mental illness, emphasizing compassionate care and rehabilitation.

Ancient Chinese Theories

Historical philosophical and scientific concepts developed in ancient China, including ideas in medicine, astronomy, and physics.

Philippe Pinel

A French physician who is considered a pioneer in the early treatment and moral therapy of mentally ill patients.