Question
Go to Yahoo FinanceLinks to an external site. and record todays value for the Standard and Poors 500 Index (^GSPC). Also, record the value one-year
Go to Yahoo FinanceLinks to an external site. and record todays value for the Standard and Poors 500 Index (^GSPC). Also, record the value one-year ago. Calculate the return. Now do the same for Novartis, the giant Swiss pharmaceutical (NVS) and Johnson and Johnson (JNJ). Discuss your results. Did the stocks outperform the market, as represented by the S&P? Comment carefully. You should be able to make the calculations required. For the last question you need to think about what you have learned about finance and financial instrument valuation in general.
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