A Stock Had Year End Prices of $24,$27,$32,and $26 Over

question 90

Multiple Choice

A stock had year end prices of $24,$27,$32,and $26 over the past four years,respectively.What is the geometric average return?

• A) 2.02 percent
• B) 2.18 percent
• C) 2.55 percent
• D) 2.70 percent
• E) 2.81 percent

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Definitions:

Adaptability

Adaptability is the ability to adjust readily to different conditions, environments, or situations, often considered a crucial skill in both personal and professional contexts.

Production Possibilities Frontier

A curve depicting all maximum output possibilities for two or more goods given a set of inputs (resources, labor, etc.), assuming all resources are fully utilized.

Production Possibilities Frontier

A graph that shows the combinations of two goods the economy can possibly produce given the available resources and technology.

Unemployed Resources

Assets, labor, or capital that are available but not currently being used in the production of goods or services.