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End of the month price for Apple Stock Date Price December, 2014 $ 77.51 January, 2015 $ 69.16 February, 2015 $ 73.14 March, 2015 $

End of the month price for Apple Stock Date Price December, 2014 $ 77.51 January, 2015 $ 69.16 February, 2015 $ 73.14 March, 2015 $ 74.60 April, 2015 $ 82.01 May, 2015 $ 88.47 June, 2015 $ 90.92 July, 2015 $ 93.53 August, 2015 $ 100.78 September, 2015 $ 99.06 October, 2015 $ 106.18 November, 2015 $ 117.44 December, 2015 $ 109.00. Using the data in the table, what is the continuously compounded monthly return between December, 2014 and January 2015? Assuming that the simple monthly return you computed in question (1) is the same for 12 months, what is the annual return with monthly compounding? Assuming that the continuously compounded monthly return you computed in part (2) is the same for 12 months, what is the continuously compounded annual return? Using the data in the table, compute the actual simple annual return between December 2014 and December 2015. If you invested $10,000 in Apple at the end of December 2014, how much would the investment be worth at the end of December 2015? Show work

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