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What Has Been the Average Annual Nominal Rate of Return

Question 54

Multiple Choice

What has been the average annual nominal rate of return on a portfolio of U.S.common stocks over the past 111 years (from 1900 to 2011) ?


A) Less than 2%
B) Between 2% and 5%
C) Between 5% and 11%
D) Greater than 11%

Correct Answer:

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