Problem 11-13 Using data from the following table, calculate the return for investing in this stock from January 1 to December 31. Prices are after the dividend has been paid. Complete the steps below using cell references to given data or previous calculations. In some cases, a simple cell reference is all you need. To copy/paste a formula across a row or down a column, an absolute cell reference or a mixed cell reference may be preferred. If a specific Excel function is to be used the directions will specify the use of that function. Do not type in numerical data into a cell or function. Instead, make a reference to the cell in which the data is found. Make your computations only in the blue cells highlighted below. In all cases, unless otherwise directed, use the earliest appearance of the data in your formulas, usually the Given Data section Stock and Dividend Data Date Price Dividend Jan-1 $ 33.88 Feb-5 $ 30.67 $ 0.17 May-14 $ 29.49 $ 0.17 Aug-13 $ 32.38 $ 0.17 Nov-12 $ 39.07 $ 0.17 Dec-31 $ 41.99 $0.00 Cumulative Return Return Date Jan-1 Feb-5 May-14 Aug-13 Nov-12 Dec-31 B D E F G J K L M N 1 In cell D17, by using cell references, calculate the return of the stock during the period Jan-1 to Feb 5 (1 pt.). 2 In cell D18, by using cell references, calculate the retum of the stock during the period Feb-5 to May-14 (1 pt.). 3 In cell D19, by using cell references, calculate the return of the stock during the period May- 14 to Aug-13 (1 pt.). 4 In cell D20, by using cell references, calculate the return of the stock during the period Aug- 13 to Nov-12 (1 pt.). 5 In cell D21, by using cell references, calculate the return of the stock during the period Nov- 12 to Dec-31. Note: Even though the dividend on Dec 31st is zero, use cell E13 in the calculation of the Retum in cell D21. (1 pt.). In cell E17, by using cell references, calculate the cumulative retum of the stock during the period Jan-1 to Feb-5 (I pt.). 7 In cell E18, by using cell references, calculate the cumulative return of the stock during the period Jan-1 to May-14 (1 pt.). 8 In cell E19, by using cell references, calculate the cumulative retum of the stock during the period Jan-1 to Aug-13 (1 pt.). In cell E20, by using cell references, calculate the cumulative retum of the stock during the period Jan-1 to Nov-12 (1 pt.). 10 In cell E21, by using cell references, calculate the cumulative retum of the stock during the period Jan-1 to Dec 31 (1 pt.). 6 9
