1 Clipboard 2 Font Alignment M19 fx A B D E F 5. a. Use the data given to calculate annual returns for Goodman, Landry, and the Market 6 Index, and then calculate average returns over the five-year period. (Hint: Remember, 7 returns are calculated by subtracting the beginning price from the ending price to get the 8 capital gain or loss, adding the dividend to the capital gain or loss, and dividing the result by 9 the beginning price. Assume that dividends are already included in the index. Also, you 10 cannot calculate the rate of return for 2014 because you do not have 2013 data.) 11 12 Data as given in the problem are shown below 13 Goodman Industries Landry Incorporated Market Index 14 Year Stock Price Dividend Stock Price Dividend includes Divs. 15 2019 $25.88 $1.73 $73.13 $4.50 16 17,495.97 2018 $22.13 $1.59 $78.45 $4.35 17 2017 $24.75 13,178.55 $1.50 $73.13 18 $4.13 2016 13,019.97 $16.13 $1.43 585.88 19 $3.75 9,651.05 2015 $17.06 $1.35 $90.00 20 2014 $3.38 8,403.42 $11.44 $128 $83.63 $3.00 21 7,058.96 22 We now calculate the rates of return for the two companies and the index: 23 24 Goodman Landry 25 Index 2019 26 2018 27 2017 2016 29 2015 30 = 31 Average 32 33 Note: To get the average, you could get the column sum and divide by 5, but you could also use the 34 function wizard, fx. Click tx, then statistical then Average, and then use the mouse to select the proper 35 range. Do this for Goodman and then copy the cel for the other tems 36 17h Chanchan forman Landha Market Build a Model Read Type here to search