Examlex

Solved

The S&P/ASX 200 Index Delivered a Return of 5%, 5

question 44

Multiple Choice

The S&P/ASX 200 index delivered a return of 5%, 5%, -10%, -10% over four successive years. What is the arithmetic average annual return per year?


Definitions:

Grameen Bank

A microfinance organization and community development bank founded in Bangladesh that makes small loans to impoverished borrowers.

Environmentally Harmful Subsidies

Financial contributions or incentives from governments that encourage practices detrimental to the environment, such as fossil fuel production and agriculture that leads to deforestation.

Unnecessary Consumption

The purchasing or usage of goods and services in excess of one's practical needs, often leading to wastefulness.

Related Questions