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se the price data from the table that follows for the Standard & Poors 500 Index, Wal-mart, and Target to calculate the holding-period returns for

se the price data from the table that follows for the Standard & Poors 500 Index, Wal-mart, and Target to calculate the holding-period returns for the 24 months from July 2010 through June 2012.

Month S&P 500 Wal-mart Target
June-10 $1,030.71 $48.07 $49.17
Jul-10 1,101.60 51.19 51.32
Aug-10 1,049.33 50.14 51.16
Sep-10 1,141.20 53.52 53.44
Oct-10 1,183.26 54.17 51.94
Nov-10 1,180.55 54.09 56.94
Dec-10 1,257.64 53.93 60.13
Jan-11 1,286.12 56.07 54.83
Feb-11 1,327.22 51.98 52.55
Mar-11 1,325.83 52.05 50.01
Apr-11 1,363.61 54.98 49.10
May-11 1,345.20 55.22 49.53
Jun-11 1,320.64 53.14 46.91
Jul-11 1,292.28 52.71 51.49
Aug-11 1,218.89 53.19 51.67
Sep-11 1,131.42 51.90 49.04
Oct-11 1,253.30 56.72 54.75
Nov-11 1,246.96 58.90 52.70
Dec-11 1,257.60 59.76 51.22
Jan-12 1,312.41 61.36 50.81
Feb-12 1,365.68 59.08 56.69
Mar-12 1,408.47 61.20 58.27
Apr-12 1,397.91 58.91 57.94
May-12 1,310.33 65.82 57.91
Jun-12 1,355.69 67.70 57.40

Assume that you have decided to invest one-half of your money in Wal-mart and the remainder in Target. Calculate the monthly holding-period returns for your two-stock portfolio. (Hint: The monthly return for the portfolio is the average of the two stocks monthly returns.)

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