Over the Past Four Years, Hi-Tech Development Stock Returned 36

question 60

Multiple Choice

Over the past four years, Hi-Tech Development stock returned 36.1, 42.9, 15.4, and -33.2 percent annually. What is the arithmetic average return?

• A) 15.30 percent
• B) 17.67 percent
• C) 20.53 percent
• D) 24.20 percent
• E) 32.25 percent

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Definitions:

Proslavery Propaganda

Messages and materials circulated with the aim to justify, support, or promote the institution of slavery, particularly in the United States before the Civil War.

Contented Slaves

A controversial and debunked theory suggesting that slaves may have been content with their lot, often used to justify slavery practices.

Amistad

The name of a Spanish slave ship notably involved in a revolt by African captives in 1839, leading to a legal battle in the United States Supreme Court.

Supreme Court

The highest judicial body in a country, typically having the ultimate authority over all other courts within the nation's jurisdiction.