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

question 135

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% (nonannualized) in the first quarter of 2011.The annualized return for the entire period is theclosest to _______.

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

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Definitions:

Japan

An island country in East Asia, known for its rich culture, technological advancements, and history.

Language Differences

Variations in vocabulary, grammar, and pronunciation that exist between languages or dialects, which can affect communication and understanding.

Face-To-Face Interaction

Direct communication between individuals in the same physical space, allowing for immediate verbal and non-verbal exchange.

English-Only Policy

A rule or regulation within an organization that mandates the exclusive use of English for communication.