The Geometric Average Annual Return for a Large Capitalization Stock

question 43

Multiple Choice

The geometric average annual return for a large capitalization stock portfolio is 12% for ten years and 5% per year for the next five years.The geometric average annual return for the entire 15-year period is:

• A)9.95%
• B)9.62%
• C)9.11%
• D)10.23%
• E)10.97%

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Definitions:

Glial Cells

Non-neuronal cells in the central and peripheral nervous system that provide support and protection for neurons, partaking in a wide range of critical functions including insulation (via myelin), support, and nutrition.

Synaptic Cleft

The small gap between neurons at a synapse, through which neurotransmitters are released, allowing for communication between neurons.

Neural Transmission

The process by which neurons communicate with each other through electrical impulses and neurotransmitters across synapses.

Action Potential

The process by which neurons communicate through an electrical charge that travels along the neuron's axon, initiated by the movement of ions across the neuron's membrane.