An Asset Had Returns of 14%, 26%, - 13%, 8

question 16

Multiple Choice

An asset had returns of 14%, 26%, - 13%, 8%, and 12% over the past five years. What was the arithmetic average return of the asset?

• A) 8.94%
• B) 9.40%
• C) 10.05%
• D) 10.63%
• E) 11.75%

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Definitions:

Owners

Individuals or entities that have legal ownership and rights over property, assets, or businesses.

Categorical Imperative

A concept developed by the philosopher Immanuel Kant as an ethical guideline for behavior. In deciding whether an action is right or wrong, or desirable or undesirable, a person should evaluate the action in terms of what would happen if everybody else in the same situation, or category, acted the same way.

Unethical Decision

A choice or judgment that goes against moral principles or professional standards, often resulting in harm or unfairness.

Society

Society is a group of individuals living together in a more or less ordered community, often sharing common traditions, institutions, and values.