Data Table from Q1

Q4) (10 Points) Using the data from Q1), solve for the Geometric return using regression analysis assuming an endowment started with a $100 investment at the beginning of 1900. Based on your regression analysis what would you expect the endowment's investment to be worth at the end of 2025, assuming there have been no withdrawals? 101 Years of Stock Performance - Rounded off to the nearest 5% Interpreted from the research of Dimson, Marsch and Staunton Year 1900 1901 1902 1903 1904 1905 1906 1907 1908 1909 1910 1911 1912 1913 1914 1915 1916 1917 1918 1919 Market Returns 25% 15% 5% -15% 25% 15% -5% -35% 45% 15% -5% 5% 5% -5% -5% 35% -5% -35% -5% 5% Year 1920 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 Market Returns -15% 25% 35% 5% 25% 25% 15% 35% 45% -15% -25% -35% 5% 55% 5% 35% 35% -35% 35% 5% Year 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 Market Returns -5% -15% 5% 25% 15% 35% -25% -5% -5% 25% 25% 15% 15% -5% 55% 25% 5% -15% 45% 15% Year 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 Market Returns -5% 25% -15% 15% 15% 15% -15% 25% 5% -15% -5% 15% 15% -25% -35% 25% 25% -5% 5% 15% Year 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 Market Returns 15% -15% 15% 15% -5% 25% 15% -5% 15% 25% -15% 35% 5% 5% -5% 35% 15% 25% 25% 25% -15%