A Portfolio's Annual Total Returns (In Percent) for a Five-Year

question 18

Multiple Choice

A portfolio's annual total returns (in percent) for a five-year period are: (See the Excel Data File.) The median and the standard deviation for this sample are the closest to ________.

• A) 0.75 and 5.46
• B) 1.62 and 5.46
• C) 1.62 and 6.11
• D) 2.50 and 6.11

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Definitions:

Formal Contract

A contract that by law requires a specific form, such as being executed under seal, to be valid.

Unilateral Contracts

Contracts in which one party makes a promise in exchange for the other's performance, which fulfills the contract.

Informal Contract

A contract that does not require a specified form or formality in order to be valid.

Modify Terms

The act of making changes or adjustments to the conditions or stipulations of an agreement or contract.