The file contains the annual closing stock prices for Apple (AAPL) and Microsoft (MSFT) for the period 2012-2022. You will fill in each of the yellow cells. 1. Compute the annual returns for each stock for each year. 2. Find the arithmetic average annual return, the standard deviation of annual returns, and the geometric mean annual return for each stock. 3. Which stock was the better investment over the 2012-2022 period? 4. If you invested $10,000 in each stock at the end of 2012, how much would each be worth at the end of 2022? (show excel steps)

\begin{tabular}{|r|r|r|} \hline Date & MSFT & \multicolumn{1}{|c|}{ AAPL } \\ \hline 12/1/2012 & 21.969294 & 16.320068 \\ \hline 12/1/2013 & 31.701256 & 17.637028 \\ \hline 12/1/2014 & 40.439575 & 24.801617 \\ \hline 12/1/2015 & 49.61607 & 24.054174 \\ \hline 12/1/2016 & 57.097057 & 27.056234 \\ \hline 12/1/2017 & 80.353035 & 40.168854 \\ \hline 12/1/2018 & 97.062698 & 38.003689 \\ \hline 12/1/2019 & 152.930115 & 71.810928 \\ \hline 12/1/2020 & 217.977524 & 130.916138 \\ \hline 12/1/2021 & 332.365448 & 176.276215 \\ \hline 12/1/2022 & 239.220825 & 129.731918 \\ \hline Shares Purchased & & \\ \hline Value Dec 2022 & & \\ \hline & & \\ \hline Date & & \\ \hline Std Dev & & \\ \hline Geomean & & \\ \hline 12/1/2012 & & \\ \hline 12/1/2013 & & \\ \hline 12/1/2014 & & \\ \hline 12/1/2015 & & \\ \hline 12/1/2016 & & \\ \hline 12/1/2017 & & \\ \hline 12/1/2018 & & \\ \hline 12/1/2019 & & \\ \hline 12/1/2020 & & \\ \hline 12/1/2021 & & \\ \hline 12/1/2022 & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular}