Use the following information to answer the question(s)below.
-The Market's excess return for 2008 is closest to:
A)-40.0%.
B)-38.5%.
C)-37.0%.
D)-34.1%.

Name: Use the following information to answer the question(s)below. -The Market's excess return for 2008 is closest to: A)-40.0%. B)-38.5%. C)-37.0%. D)-34.1%.
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Question

Use the following information to answer the question(s)below. 
-The Market's excess return for 2008 is closest to:
A)-40.0%. 
B)-38.5%. 
C)-37.0%. 
D)-34.1%.

Quizplus · Accepted Answer

The market's excess return for 2008 is closest to -40.0%, which reflects the significant decline in the market during the financial crisis of that year.

Use the Following Information to Answer the Question(s)below