Compare Nike and Adidas estimated stock prices with actual stock prices as of January 2, 2019. Then tell whether each stock is undervalued or fair-valued or overvalued based on your estimation. What's your decision if you hold these stocks? What's your decision if you don't hold these stocks?

1. Using annual stock price between 2013 and 2018, compute the following returns. For stock price data, use the closing price of the last trading day of the year:

1) Total Dollar Return for 2014, 2015, 2016, 2017, 2018

2) Total Percent Return for 2014, 2015, 2016, 2017, 2018

2. Using annual stock price between 2013 and 2018, compute the following returns. For stock price data, use the closing price of the last trading day of the year: (25 points)

1) Arithmetic Average Return

2) Geometric Average Return

3) Holding Period Return

4) 2-year forecast Return

5) 3-year forecast Return