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CH12AQZV7 - Chapter 12 Quiz A Student Name 1 Student ID...

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Chapter 12 Quiz A Student Name _________________________ Student ID ____________ ________ 1. Between 1926 and 2003, large company stocks produced an average rate of return of _____ percent. a. 10.9 b. 11.3 c. 12.4 d. 13.7 ________ 2. Over the period 1926 to 2003, long-term corporate bonds produced an average return of 6.2 percent, inflation averaged 3.1 percent, and U.S. Treasury bills returned an average 3.8 percent. What was the average real rate of return on long-term corporate bonds for this time period? ________ 3. Which one of the following statements is true? ________ 4. One year ago, you purchased a stock at a price of $48.06 a share. You have received quarterly dividends of $.20 a share. Today, you sold this stock for $51.23 a share. What is your capital gains yield on this investment? ________ 5. Seven months ago, you purchased 300 shares of WAC, Inc. stock at a price of $23.80 a share. You have received dividends totaling $.60 a share. Today, you sold your shares at a price of $22.20 a share. What is your total percentage return on this investment? a. -6.7 percent b. -4.2 percent c. 7.2 percent d. 9.9 percent ________ 6. A stock has produced returns of 9 percent, 13 percent, -8 percent and 3 percent over the past four years. What is the 68 percent probability range of returns? ________ 7. A stock has produced average annual returns of 8 percent, 18 percent, -2 percent, and 3 percent over the past four years. What is the geometric average rate of return? ________
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