Select the correct answer. What can we determine about the SmartPhone Inc. stock when we see its returns (dashed line) compared with the NASDAQ Composite Index of growth companies (solid line). A. The SmartPhone Inc. stock performed better than the NASDAQ Composite during 2015. B. The SmartPhone Inc. stock performed worse than the NASDAQ Composite in 2015 and 2016. C. In 2018, the SmartPhone Inc. stock started to perform better than the NASDAQ Composite Index. D. The SmartPhone Inc. stock price steadily decreased between 2015 and 2017. E. The SmartPhone Inc. stock performed better than the NASDAQ Composite Index between 2015 and 2017.

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Answer:

C

Step-by-step explanation:

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What we determine about the SmartPhone Inc. stock when we see its returns compared with the NASDAQ Composite Index of growth companies is In 2018, the SmartPhone Inc. stock started to perform better than the NASDAQ Composite Index. This is further explained below.

What is stock?

Generally, stock is simply defined as the money raised by a firm via the issuing and subscribing of shares.

In conclusion, When compared to the NASDAQ Composite Index of growing firms, the SmartPhone Inc. stock is In 2018, SmartPhone Inc. shares began to outperform the NASDAQ Composite Index.

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