Question 1

Adjusted Closing price for Apple Inc is provided in the following table.

Date	Adj Close	Date	Adj Close	Date	Adj Close
01/01/2019	3612.285	01/01/2020	4415.684	01/01/2021	5200.593
01/02/2019	3999.87	01/02/2020	4314.927	01/02/2021	5771.229
01/03/2019	4371.301	01/03/2020	4549.663	01/03/2021	5905.448
01/04/2019	4126.596	01/04/2020	4742.503	01/04/2021	5511.751
01/05/2019	4657.382	01/05/2020	5079.86	01/05/2021	5614.748
01/06/2019	4569.288	01/06/2020	4881.908	01/06/2021	6197.111
01/07/2019	4065.643	01/07/2020	5450.673	01/07/2021	6796.8
01/08/2019	4040.728	01/08/2020	5385.618	01/08/2021	7044.184
01/09/2019	4477.583	01/09/2020	5605.773	01/09/2021	7060.597
01/10/2019	4547.165	01/10/2020	5631.156	01/10/2021	7293.973
01/11/2019	4316.734	01/11/2020	5750.548	01/11/2021	7252.16
01/12/2019	4627.59	01/12/2020	5521.165	01/12/2021	7397.047

Calculate the following for your company and provide the screen shot of your answers if you use excel. If you use calculator please show all your calculations:

a . Assuming an annual Risk-Free Rate of 1.5%, what was the Risk Premium for each of the three years?

b. What was the Sharpe Ratio in each of the three years?

c. Calculate and explain the results of your allocated companys Capital Allocation Line over the full 3-year period