Suppose the Quarterly Arithmetic Average Return for a Stock Is

question 28

Multiple Choice

Suppose the quarterly arithmetic average return for a stock is 10% per quarter and the stock gives a return of 15% each over the next two quarters. The arithmetic average return over the six quarters is ________.

• A) 15.17%
• B) 11.67%
• C) 12.83%
• D) 16.33%

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Definitions:

Per Capita Real GDP

An economic measure that represents the inflation-adjusted gross domestic product divided by the total population, indicating the average economic output per person.

Per Capita Trash

Per Capita Trash is the average amount of waste generated by each person in a specified area within a given period of time.

Million BTUs

Million British Thermal Units (BTUs) is a unit of energy measurement, equivalent to the amount of energy needed to heat or cool one million pounds of water by one degree Fahrenheit.

Energy Efficiency

The use of technology or practices that reduce the amount of energy required to provide products and services.