Niles Is Making an Investment with an Expected Return of 12

question 82

Multiple Choice

Niles is making an investment with an expected return of 12 percent. If the standard deviation of the return is 4.5 percent, and if Niles is investing $100,000, then what dollar amount is Niles 90 percent sure that he will have at the end of the year? (Do not round intermediate computations) .

• A) $100,000.00
• B) $104,597.50
• C) $116,500.00
• D) $119,402.50

---

Definitions:

Home-Country System

The application of an expatriate's home country policies and practices regarding compensation and benefits while working abroad.

Wage Trend Lines

Graphical representations showing the direction and movement of wages over a period, indicating patterns or shifts in compensation.

Point Value

A quantitative value assigned to specific actions, achievements, or outcomes, often used in scoring systems or as a measure of performance.

Wage Rate

The amount of compensation an employee receives for performing a specific job, often expressed per hour, day, or unit of work.