The Annual Rate of Return on Any Given Stock Can

question 7

True/False

The annual rate of return on any given stock can be found as the stock's dividend for the year plus the change in the stock's price during the year,divided by its beginning-of-year price.If you obtain such data on a large portfolio of stocks,like those in the S&P 500,find the rate of return on each stock,and then average those returns,this would give you an idea of stock market returns for the year in question.

---

Definitions:

Trephination

Procedure in which holes were drilled in the skulls of people displaying abnormal behavior, presumably to allow evil spirits to depart their bodies; performed in the Stone Age.

Exorcism

A religious or spiritual ritual carried out to expel evil spirits or demons from a person or place believed to be possessed.

Atonement

The act of making amends or reparation for wrongdoing or guilt.

Cultural Relativism

The idea that a person's customs and practices should be interpreted by others based on the cultural context of that individual.