Applied questions

$1.)$ Below is a graph of Nike stock price for the past $5$ years. Use this graph to answer the following questions.

HOME $>$ NKE $*$ NYSE

Nike Inc

$$93\mathrm{.}98$uarr$11\mathrm{.}60\%+9\mathrm{.}775Y$

After Hours: $$93\mathrm{.}98(0\mathrm{.}00\%),0\mathrm{.}00$

Closed: Mar $28,7$:$45$:$26$ PM UTC$-4-$ USD $-$ NYSE $-$ Disclaimer

$1$D

$5$D

$1M$

$6M$

YTD

$1Y$

$5Y$

MAX

Key events

a$.)$ List the local maximum and minimums for Nike stock price over the past $5$ years.

Hah! Just kidding. That would be way too much work. Instead, explain why that would be way too much work: It would be $400$ much work because the prices have not been. Steady.

b$.)$ In the first row of the table below, list $5$ dates $($approximate is fine$)$ when it would have been financially beneficial to purchase Nike stock. In the second row, list the corresponding date when it would have been financially beneficial to sell the Nike stock you purchased.

$\backslash$table$[[$Buy$,,,,,],[$Sell$,,,,,]]$

c$.)$ Explain how answering part b$.)$ of this question in the context of financial markets relates to the idea of maxima and minima of functions.