What Was the Average Annual Rate of Return on Long-Term

question 71

Multiple Choice

What was the average annual rate of return on long-term government bonds (30-Year Treasury Bonds) during the period 1984 to 2008?

• A) 4.14%
• B) 5.88%
• C) 6.89%
• D) 7.82%

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Definitions:

Deficit

The amount by which expenses surpass income or revenues, resulting in a loss.

Retained Earnings

Profits that a company has reinvested in itself rather than paying out to shareholders as dividends.

Comprehensive Income

This term includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Comprehensive Income

A measure of all changes in equity of a company that result from recognized transactions and other economic events of the period other than those resulting from investments by and distributions to owners.