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Exhibit 54
Use the Information Below for the Following Problem(S)

Question 77

Multiple Choice

Exhibit 5.4
Use the Information Below for the Following Problem(S)
 Year  % Price Chinge for stark Index 20008.0%200110.0%200214.0%200320.0%200410.0%\begin{array} { c c } \text { Year } & \text { \% Price Chinge for stark Index } \\\hline 2000 & 8.0 \% \\2001 & 10.0 \% \\2002 & - 14.0 \% \\2003 & 20.0 \% \\2004 & - 10.0 \%\end{array}
-Refer to Exhibit 5.4.Calculate the average annual rate of change for this index for the 5 year period using the arithmetic mean.


A) 0.28%
B) 1.28%
C) 2.80%
D) 3.58%
E) 6.38%

Correct Answer:

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