You buy a race horse, which has a winning streak for four years, bringing in $500,000 per year, and then it dies of a heart attack. If you paid $1,518,675 for the horse four years ago, what was your annual return over this four-year period?

A) 8%
B) 33%
C) 18%
D) 12%

Answer: D

Business

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Which of the following is true?

A) A will can never be revoked. B) A will can never be changed. C) Everyone dies with a will. D) A will can be revoked.

Business

One of the roles of managers who are overseeing the statistical process control analysis is to set the control limits at the desired levels prior to collecting data from the process

Indicate whether the statement is true or false

Business