For the Period 1926-2012,the Annual Return on Large-Company Stocks

Multiple Choice

For the period 1926-2012,the annual return on large-company stocks:

A) was negative following every three-year period of positive returns.
B) was only negative for two or more consecutive years during the Great Depression.
C) remained negative for at least two consecutive years anytime that it was negative.
D) never exceeded a positive 30 percent nor lost more than 20 percent.
E) was unpredictable based on the prior year's performance.