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4. The following table shows daily closing prices for Tesla (TSLA) over the most recent week (tive tradings days). The stock did not pay a

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4. The following table shows daily closing prices for Tesla (TSLA) over the most recent week (tive tradings days). The stock did not pay a dividend over this time period. Use these data to construct daily returns for five trading days: Nov, 6, Nov. 9. Nov. 10, Novl. 11. and Nov. 12. (Assume that stock is initially purchased at the close on Nov. 5.) Then compute the five-day holding period return (HPR). Finally, compute an annualized version of the 5-day HPR. Date 11/12/2020 11/11/2020 11/10/2020 11/9/2020 11/6/2020 11/5/2020 Close Price $411.76 $ 417.13 S 410.36 $ 421.26 $ 429.95 $ 438.09 Volume 19855100 17357700 30284200 34833000 21706000 28414500

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