(c) Below is the monthly share price data for A2 Milk Company for the 2018 financial year Note: no dividends were declared for the 2017-18 FY.

Date

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Jul 17

3.794.14Aug 174.155.04Sep 175.105.86

Oct 175.927.62Nov 177.347.59Dec 177.607.37Jan 18

7.408.29Feb 188.3212.23Mar 1812.2111.46Apr 1810.9611.31May 1811.369.93Jun 189.7010.52

1. Calculate the 2017-2018 monthly holding period returns (in both $ and %) for A2M.(4marks)
2. Calculate the average monthly return (%) for A2M.(1.5 marks)
3. Using the data provided calculate the annual holding period return (in both $ and % terms) for an international (non-Australian) shareholder of A2M.(1 mark