A Portfolio Manager Generates a 5% Return in 2008,a 12

question 119

Multiple Choice

A portfolio manager generates a 5% return in 2008,a 12% return in 2009,a negative 6% return in 2010,and a return of 2% (non-annualized) in the first quarter of 2011.The annualized return for the entire period is closest to:

• A)3.05%
• B)3.25%
• C)3.50%
• D)3.77%

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Definitions:

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The science and practice of diagnosing, treating, and preventing diseases and injuries to improve health.

Serious Consequences

Outcomes that have significant impact, often negative, on an individual's life or on broader societal norms and values.

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Classifications within the biological sciences based on shared characteristics or functions, such as species or genus.

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