The total rate of return on an investment over a given period of time is calculated by ________.
A) dividing the asset's cash distributions during the period, plus change in value, by its beginning-of period investment value
B) dividing the asset's cash distributions during the period, plus change in value, by its ending-of period investment value
C) dividing the asset's cash distributions during the period, minus change in value, by its ending-of period investment value
D) dividing the asset's cash distributions during the period, minus change in value, by its beginning-of period investment value
Question 2
Of the following, which is NOT one of the four main areas of finance?
A) International finance
B) Corporate finance
C) Investments
D) All are considered main areas of finance.
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