Use the Table for the Question(s)below

question 15

Multiple Choice

Use the table for the question(s) below.
Consider the following average annual returns:
-What is the excess return for the portfolio of small stocks?

• A)10.0%
• B)15.7%
• C)18.4%
• D)17.0%

---

Definitions:

Muscularis Externa

The layer of muscle in the gastrointestinal tract wall that is responsible for gut movement through peristalsis.

Serosa

A smooth membrane consisting of a thin layer of cells that secrete serous fluid, lining the outer surface of internal organs and body cavities.

Mucosa

The moist, inner lining of some organs and body cavities, such as the nose, mouth, lungs, and stomach, involved in absorption and secretion.

Gallbladder

A small organ located beneath the liver, storing and concentrating bile produced by the liver before releasing it into the small intestine.