An Asset Had Annual Returns of 19, -38, -17, 25

question 93

Multiple Choice

An asset had annual returns of 19, -38, -17, 25, and 5 percent, respectively, over the past five years. What is the arithmetic average return?

• A) -1.2 percent
• B) 0.8 percent
• C) 1.2 percent
• D) 1.6 percent
• E) 2.3 percent

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Definitions:

Graph

A schematic that depicts a setup of ties or connections among multiple objects through distinctive indicators like dots, lines, and bars.

Ordered Pairs

Ordered pairs are pairs of numbers used to represent the position of a point on a coordinate plane, typically in the form (x, y).

Simple Interest

Interest calculated only on the initial amount of money (principal), without compounding over time.

Bonds

Financial instruments representing loans made by an investor to a borrower, typically corporate or governmental, which must be paid back with interest.