Use the Table for the Question(s) Below

question 52

Multiple Choice

Use the table for the question(s) below.
Consider the following realized annual returns:

-The average annual return on the S&P 500 from 1996 to 2005 is closest to:

• A) 7.10%
• B) 4.00%
• C) 9.75%
• D) 8.82%

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Definitions:

Variable Costs

Costs that change in proportion to the level of output or activity in a business.

Square Feet

A measure of area in the imperial system, used to calculate the size of a space, equivalent to the area of a square with sides one foot in length.

Variable Costs

Costs that vary directly with the level of production or output.

Square Feet

A unit of area measurement equal to a square that is one foot on each side.