You Have a Portfolio Which Has an Average Return of 12.6

question 29

Multiple Choice

You have a portfolio which has an average return of 12.6 percent. In any given year, you have a 2.5 percent probability of earning either a zero or a negative annual return. What is the approximate standard deviation of your portfolio?

• A) 5.44 percent
• B) 6.43 percent
• C) 6.94 percent
• D) 7.60 percent
• E) 8.14 percent

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Definitions:

Revolution

The overthrow of a state or the total transformation of central state institutions.

Social Movement

A group that acts with some continuity and organization to promote or resist social change in society.

Demographic Processes

The dynamic changes in population size and structure, influenced by birth rates, death rates, immigration, and emigration.

Race-Ethnicity

Categories used to describe distinct groups within a population based on shared, cultural, ancestral, and physical characteristics.