Suppose you bought a 12 percent coupon bond one year ago for $870. The bond sells for $945 today. Assuming a face value of $1,000, what is your percentage return over the past year?

A)

24.43%

B)

26.67%

C)	None of these are correct?

D)

18.16%

E)

22.41%

Answer:___________________

A stock had returns of 12 percent, 11 percent, 16 percent, 8 percent, 15 percent, and 8 percent over the last six years. What is the geometric mean return for this stock?

A)

11.42%

B)

11.62%

C)

11.72%

D)	None of these are correct.

E)	11.91% Answer:____________