The Expected Value and the Standard Deviation of Returns for Asset

question 129

Multiple Choice

The expected value and the standard deviation of returns for asset A is ________. (See table below.) Asset A

• A) 12 percent and 4 percent
• B) 12.7 percent and 2.3 percent
• C) 12.7 percent and 4 percent
• D) 12 percent and 2.3 percent

---

Definitions:

Functional Currency

The currency of the primary economic environment in which an entity operates, usually determining how financial statements are presented.

Presentation Currency

The currency in which a company's financial statements are reported, chosen by the company to suit its primary audience's needs.

Recorded

The process of formally documenting transactions and events in the financial records of an entity.

Functional Currency

The currency of the primary economic environment in which an entity operates, used in its financial reporting.