Table 1
Monthly Stock Price of Microsoft Stock (MSFT)
Date		MSFT
Dec-14		$46.45
Jan-15		$40.40
Feb-15		$43.85
Mar-15		$40.66
Apr-15		$48.64
May-15		$46.86
Jun-15		$44.15
Jul-15		$46.70
Aug-15		$43.52
Sep-15		$44.26
Oct-15		$52.64
Nov-15		$54.35
Dec-15		$55.48

Using the data in the Table 1, what is the continuously compounded monthly return between December, 2014 and January 2015? If the continuously compounded monthly return is the same for 12 months, what is the continuously compounded annual return?