Consider the following (actual) monthly adjusted closing price data for Microsoft stock over the period December 2014 through December 2015. Table 1 Monthly Stock Price of Microsoft Stock (MSFT) Date MSFT Dec-14 $46.45 Jan-15 $40.40 Feb-15 $43.85 Mar-15 $40.66 Apr-15 $48.64 May-15 $46.86 Jun-15 $44.15 Jul-15 $46.70 Aug-15 $43.52 Sep-15 $44.26 Oct-15 $52.64 Nov-15 $54.35 Dec-15 $55.48 Using the data in the Table 1, what is the simple monthly return between the end of December, 2014 and the end of January 2015? If you invested $10,000 in Microsoft at the end of December 2014, how much would the investment be worth at the end of January 2015?

A. -13.025% and $8,697.52

B. 2.72% and $10,272.00

C. -3.047% and $9,695.30

D. -9.082% and $9,091.80

Table 1 Monthly Stock Price of Microsoft Stock (MSFT) Date Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 MSFT S46.45 S40.40 S43.85 S40.66 S48.64 S46.86 S44.15 S46.70 S43.52 S44.26 S52.64 S54.35 S55.48 4 6 10 12 13 14 15 16 17 18 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15