Phil realized a total return of 13.2 percent which is less than his expected return of 14.4 percent.What is the amount of his unexpected return?
A)-1.2 percent
B)-0.6 percent
C)0.6 percent
D)1.2 percent
E)1.3 percent

Name: Phil realized a total return of 13.2 percent which is less than his expected return of 14.4 percent.What is the amount of his unexpected return? A)-1.2 percent B)-0.6 percent C)0.6 percent D)1.2 percent E)1.3 percent
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Question

Quizplus · Accepted Answer

U = 13.2 percent - 14.4 percent = -1.2 percent

Phil Realized a Total Return of 13