The turnover ratio percentages for 27 equity markets of developed countries for the five years beginning with 2002 were measured. Most national equity markets had very high turnover ratios, with the great majority in excess of

Question

Quizplus · Accepted Answer

Based on the given information, it can be inferred that most national equity markets had turnover ratios exceeding 50 percent per year. This is because the statement mentions that "most equity markets had very high turnover ratios" and the options only go up to 75 percent, which suggests that 50 percent is the most likely answer.

The Turnover Ratio Percentages for 27 Equity Markets of Developed