The Geometric Average Annual Return for a Large Capitalisation Share

question 20

Multiple Choice

The geometric average annual return for a large capitalisation share 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)9.11%.
• B)9.95%.
• C)9.62%.
• D)10.23%.

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Definitions:

Final Trimester

The last of the three periods into which a human pregnancy is divided, spanning from the beginning of the seventh month to childbirth.

Conception

The process of becoming pregnant involving the fertilization of an egg by a sperm.

Dependent Variable

The variable that is measured or recorded in an experiment.

Pacifier

A rubber, plastic, or silicone nipple given to an infant to suck upon, typically used to soothe or entertain a baby.