Use the Following Information to Answer the Question(s) Below

question 2

Multiple Choice

Use the following information to answer the question(s) below.
Suppose that the market portfolio is equally likely to increase by 24% or decrease by 8%. Security "X" goes up on average by 29% when the market goes up and goes down by 11% when the market goes down. Security "Y" goes down on average by 16% when the market goes up and goes up by 16% when the market goes down. Security "Z" goes up on average by 4% when the market goes up and goes up by 4% when the market goes down.
-The expected return on the market rate is closest to:

• A) 0%
• B) 4%
• C) 8%
• D) 16%

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Definitions:

Semi-Fowler's Position

A position where a person lies on their back with the head and torso raised between 15 to 45 degrees, often used in medical contexts to aid breathing or digestion.

Abdominal Muscles

A group of muscles in the abdomen area, including the rectus abdominis, obliques, and transverse abdominis, important for posture and core strength.

Knees Bent

A position of the knee joints where they are not fully extended or straight, often used to refer to exercises or physical state.

Catheterization

The medical procedure of inserting a catheter into a body cavity, duct, or vessel to allow for the drainage of fluids or the delivery of medications.