The geometric average annual return for a large capitalization stock portfolio is 10% for ten years and 6% per year for the next five years. The geometric average annual return for the entire 15 year period is ________
A) 9.08%
B) 8.65%
C) 8.22%
D) 9.52%
Answer: B
You might also like to view...
Closing entries are made in the
a. sales journal. b. purchases journal. c. general journal. d. cash receipts journal.
Which of the following is not a simple model of motivation?
A. unfulfilled need B. motivation C. behaviors D. rewards E. punishment
Answer the following statements true (T) or false (F)
1. According to Michael Porter, three service strategies include a lower price, a differentiated product, and finding a market niche. 2. Scenario planning and the Delphi technique are quantitative forecasting techniques. 3. The best of strategic plans may have to be changed, because the future is uncertain. 4. Three important factors that will influence future hospitality organizations are changing technology, the entry of Generation Y into the workforce, and changes in market segment definitions. 5. Some factors that will affect future hospitality organizations are predictable and simple, like estimating how many teenagers will be available for work in ten years.
Public companies must have their financial statements audited, but are not required to have their internal control systems audited
Indicate whether the statement is true or false