The Gale Market Index Fund Advertises That It Earned a 392

question 55

Multiple Choice

The Gale Market Index Fund advertises that it earned a 392% return.This is probably its

• A)cumulative total return over some number of years.
• B)average annual total return over some number of years.
• C)total return for the previous year.
• D)return in relation to the overall market.

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Definitions:

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The process of enhancing or adding worth to products, services, or experiences, often through innovation or by fulfilling needs and desires of customers or stakeholders.

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