Question
The Dow Jones stock index (United States) and Dax (Germany) stock index are similar stock indices. The data for both indices are listed below. In
The Dow Jones stock index (United States) and Dax (Germany) stock index are similar stock indices. The data for both indices are listed below. In addition, the consumer price index for both the United States and Germany are also included. What is the real return in the U.S.? What is the real return in Germany? What country had the better real return? Must show in Excel
| Country | Stock Index 1/1/2015 | Stock Index 12/31/2015 | Consumer Price Index 1/1/2015 | Consumer Price Index 12/31/2015 |
| U.S. | 19,762.59 | 24,719.22 | 241.432 | 245.12 |
| Germany | 11,481.06 | 12,917.64 | 108.80 | 110.40 |
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
