A Portfolio Had an Original Value of $15,000 Twenty Years

question 31

Multiple Choice

A portfolio had an original value of $15,000 twenty years ago. The current value of the portfolio is $92,780. What was the geometric average return of the portfolio?

• A) 8.63%
• B) 9.54%
• C) 10.81%
• D) 11.16%
• E) 11.87%

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Definitions:

Personality Theories

The study of human personality, including the explanation of individual differences and behaviors through various psychological theories and models.

Life Experiences

The events, situations, and occurrences that a person encounters throughout their lifetime, contributing to their personal development and world view.

Rorschach Inkblot

A psychological test in which subjects' perceptions of inkblots are recorded and then analyzed using psychological interpretation, complex algorithms, or both.

Minnesota Multiphasic

A comprehensive psychological test known as the Minnesota Multiphasic Personality Inventory (MMPI), used to assess personality and psychopathology.