Exhibit 12 shows the annual MSCI World Index total returns for a 10-year period. The fourth quintile
Question:
Exhibit 12 shows the annual MSCI World Index total returns for a 10-year period.
The fourth quintile return for the MSCI World Index is closest to:
A. 20.65 percent.
B. 26.03 percent.
C. 27.37 percent.
Transcribed Image Text:
Exhibit 1: MSCI World Index Returns Year 1 Year 2 Year 3 Year 4 Year 5 15.25% 10.02% 20.65% 9.57% -40.33% Year 6 Year 7 Year 8 Year 9 Year 10 30.79% 12.34% -5.02% 16.54% 27.37%
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B is correct Quintiles divide a distribution into fifths with the fourth quintile occur...View the full answer
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