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Use the Table for the Question(s) Below -The Average Annual Return on Westpac from 2003 to 2012

Question 13

Multiple Choice

Use the table for the question(s) below.
Consider the following realised annual returns:
 Year-end  All Ords  Realised  Return  Westpac  Realised  Return 200323.6%46.3%200424.7%26.7%200530.5%86.9%20069.0%23.1%20072.0%0.2%200817.3%3.2%200924.3%27.0%201032.2%27.9%20114.4%5.1%20127.4%11.3%\begin{array} { l c c } \hline \text { Year-end } & \begin{array} { c } \text { All Ords } \\\text { Realised } \\\text { Return }\end{array} & \begin{array} { c } \text { Westpac } \\\text { Realised } \\\text { Return }\end{array} \\\hline 2003& 23.6 \% & 46.3 \% \\\hline 2004 & 24.7 \% & 26.7 \% \\\hline 2005 & 30.5 \% & 86.9 \% \\\hline 2006 & 9.0 \% & 23.1 \% \\\hline 2007 & - 2.0 \% & 0.2 \% \\\hline 2008 & - 17.3 \% & - 3.2 \% \\\hline 2009 & - 24.3 \% & - 27.0 \% \\\hline 2010 & 32.2 \% & 27.9 \% \\\hline 2011 & 4.4 \% & - 5.1 \% \\\hline 2012 & 7.4 \% & - 11.3 \% \\\hline &\end{array}
-The average annual return on Westpac from 2003 to 2012 is closest to?


A) 18.7%
B) 29.9%
C) 16.40%
D) 18.2%

Correct Answer:

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