1. If you make an investment that earns 10% the first year, -5% the second year, -2% the third year, and 12% the fourth year, what is your total 4 -year return? Round your answer to the nearest tenth of a percent

a.15.0%

b. 31.9%

c. 14.7%

d. None of the above

2.A bond investment yielded 8%. If inflation was 3%, what real return did the bond offer? Round your answer to the nearest tenth of a percent

Question 18 options:

-4.6%

+1.0%

+4.9%

+5.2%