Question
The following chart shows monthly figures for Apple stock in 2010.The graph contains a series of 12 points connected by curves. The curves and the
The following chart shows monthly figures for Apple stock in 2010.The graph contains a series of 12 points connected by curves. The curves and the approximate points they connect are as follows.
Marked are the following points on the chart.
| Jan. 10 | Feb. 10 | Mar. 10 | Apr. 10 | May 10 | June 10 |
|---|---|---|---|---|---|
| 211.98 | 195.46 | 218.95 | 235.97 | 235.86 | 255.96 |
| July 10 | Aug. 10 | Sep. 10 | Oct. 10 | Nov. 10 | Dec. 10 |
| 246.94 | 260.09 | 258.77 | 294.07 | 317.13 | 317.44 |
Calculate to the nearest 0.01% your monthly percentage returnr(on a simple interest basis) if you had bought Apple stock inMarchand sold inJune.
r= %
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Statistics
Authors: Robert S. Witte, John S. Witte
11th Edition
1119254515, 978-1119254515
