The S&P 500 Index Delivered a Return of 20%,-10%,25%,and 5

question 11

Multiple Choice

The S&P 500 index delivered a return of 20%,-10%,25%,and 5% over four successive years.What is the arithmetic average annual return per year?

• A)12%
• B)15%
• C)10%
• D)11%

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Definitions:

Farms

Land and the buildings on it, used primarily for producing food and other agricultural products.

Social Change

The transformation of a culture over time.

Unmistakable Periods

Distinct and clear phases in time or history recognized for their unique characteristics or events.

Exclusively

Solely or only; limited to a single person, group, category, or purpose without involving others.