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Use the following Data to calculate six months of return for a hypothetical stock. You will be asked to calculate several summary statistics for these

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Use the following Data to calculate six months of return for a hypothetical stock. You will be asked to calculate several summary statistics for these returns. I suggest you copy and paste the data into Excel to do all the calculations. For this question enter the arithmetic average monthly return. Your answer should be in percentages and accurate to the hundredths. (ie. enter 5.32 if the average is 5.32% (i.e 0.0532) Date Closing Price Dividend Payment 12/31/10 $ 10.00 $0 1/31/11 $ 11.50 $0 2/28/11 $ 9.30 $0 3/31/11 $ 12.25 $0.25 4/30/11 $ 14.32 $0 5/31/11 $ 12.21 $0 6/30/11 $ 11.10 $0.30

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