You Have Been Given This Probability Distribution for the Holding-Period

question 24

Multiple Choice

You have been given this probability distribution for the holding-period return for Cheese, Inc stock: $$\begin{array} { l c l } \text { State of } & \text { Probability } & \text { HPR } \\\text { Economy } & & \\\text { Boom } & .20 & 24 \% \\\text { Normal Growth } & .45 & 15 \% \\\text { Recession } & .35 & 8 \%\end{array}$$
-An investor purchased a bond 63 days ago for $980.He received $17 in interest and sold the bond for $987.What is the holding-period return on his investment?

• A)1.52%
• B)2.45%
• C)1.92%
• D)2.68%
• E)None of the above

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Definitions:

Sexual Response Cycle

A series of physical and emotional phases that people experience during sexual activity, including arousal, plateau, orgasm, and resolution.

Vaginal Lubrication

A naturally occurring function of the female body that provides moisture in the vagina, facilitating sexual intercourse and other activities.

Activating Effects

Influences on behavior and emotional response that are initiated by hormonal or neurotransmitter activity in the body.

Sex Hormones

Chemical substances produced by the body that regulate sexual development, function, and behavior.