Month Ending	NDX
2023-11-01	15,947.87
2023-10-01	14,409.78
2023-09-01	14,715.24
2023-08-01	15,501.07
2023-07-01	15,757.00
2023-06-01	15,179.21
2023-05-01	14,254.09
2023-04-01	13,245.99
2023-03-01	13,181.35
2023-02-01	12,042.12
2023-01-01	12,101.93
2022-12-01	10,939.76
2022-11-01	12,030.06

17. Using the Nasdaq 100 Index (NDX) end of month price data in the table above, calculate the following & show your work:

a. What was the S&P 500 index 12-month rate of return from the end of November 2022 to the end of November 2023?

b. What was the Nasdaq 100 index rate of return for the 2023 third quarter?

c. If the annual risk-free rate of return is equal to 4.00%, what is the risk premium or excess rate of return for the Nasdaq 100 index for the 12-month period end of November 2022 to the end of November 2023?

d. If the Nasdaq 100 index annual rate of return standard deviation is equal to 26.00%, then what is the Nasdaq 100 index Sharp Ratio for the period end of November 2022 to the end of November 2023?