An Investment Had the Following 4 Year Returns: -8%, 15

question 43

Multiple Choice

An investment had the following 4 year returns: -8%, 15%, 10% and -5%. Determine the average annual rate of return.

• A) 2.54%
• B) 3.61%
• C) 3.85%
• D) 4.03%
• E) 4.92%

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Definitions:

Independent Retailers

Independent retailers are businesses that are privately owned and operated, distinct from larger chain or franchise stores, often characterized by a high level of personal service and uniqueness.

Contractual Systems

Legal agreements that establish the terms and responsibilities between parties, often used in franchising, licensing, and distribution arrangements.

Level Of Service

A measure of the quality of service provided to customers, often evaluated against a set standard or customer expectations.

Self-Service Retailers

Retail outlets where customers serve themselves, selecting products without the direct assistance of staff.