1. Suppose a stock had an initial price of $69 per share, paid a dividend of $1.95 per share during the year, and had an ending share price of $53. Compute the percentage total return, the dividend yield, and the capital gains.

2. Suppose you bought a stock one year ago for $965.00. The stock sells for $935.00 today. The dividend is $100.

   1. a) What was your total dollar return on this investment over the past year?

   2. b) What was your total nominal rate of return on this investment over the past year?

   3. c) Fisher Effect: If the inflation rate last year was 5 percent, what was your total real rate of return on this investment?

3. 1. You've observed the following returns on Jason Corporation's stock over the past five years: 12 percent, -14 percent, 4 percent, 27 percent, and 7 percent.

      1. a) What was the average return on Jason's stock over this five-year period?

      2. b) What was the variance of Jason's returns over this period? The standard deviation?