Mike's Portfolio Has a Two-Year Expected Return of 21

question 4

Multiple Choice

Mike's portfolio has a two-year expected return of 21.70 percent.What is the expected return for one year?

• A) 10.85 percent
• B) 12.50 percent
• C) 13.33 percent
• D) 14.22 percent
• E) 15.34 percent

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Definitions:

Type A Orientation

A personality trait characterized by competitiveness, urgency, aggressiveness, and a high degree of ambition and drive.

Relaxed

Describes a state of reduced tension or anxiety, often referring to a calmer approach in environments such as workplaces or social settings.

Competitive

Characterized by or involving competition, striving to gain or win something by defeating or establishing superiority over others.

ISTJ

A personality type in the Myers-Briggs Type Indicator characterized as Introverted, Sensing, Thinking, and Judging, known for being responsible, dependable, and following through with commitments.