Lavon has his money invested into an asset that has averaged the following returns the last three years: +22%,-8%,+13%.Most likely what type of asset is he invested in?
A)Corporate bonds
B)Income producing real estate
C)Gold coins
D)Common stock

Question

Quizplus · Accepted Answer

The volatility and range of returns (+22%, -8%, +13%) suggest an asset class with higher risk and potential for higher returns, which is characteristic of common stocks. Corporate bonds, income-producing real estate, and gold coins typically have less volatility and different return profiles.

Lavon Has His Money Invested into an Asset That Has