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QUESTION 16 You have followed TSLA over the last 2 years, and have compiled the following price data for the most recent 6 months. The
QUESTION 16 You have followed TSLA over the last 2 years, and have compiled the following price data for the most recent 6 months. The prices are as of the closing of the market at the end of the month. (Ignore calendar date.) Date Pt rt 74.15% 8/1/2020 $ 498.32 7/1/2020 $ 286.15 6/1/2020 $ 215.96 5/1/2020 $ 167.00 4/1/2020 $ 156.38 3/1/2020 $ 104.80 2/1/2020 $ 133.60 Find monthly returns in (a) through (e). (Use 2 decimal places & % sign) QUESTION 17 In the above TSLA example, monthly prices vary wildly and monthly returns as well. Which of the two variables are you supposed to focus on, and why? Ca. Return because regardless of the price level, return on a certain asset can be easily compared with returns on other assets as an indicator of performance. b.Price because regardless of the returns level, price of a certain asset can be easily compared with prices of other assets as an indicator of performance. Cc. Return because regardless of the returns level, price of a certain asset can be easily compared with prices of other assets as an indicator of performance. Cd. Price, because regardless of the price level, return on a certain asset can be easily compared with returns on other assets as an indicator of performance
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