Question
Utilities Energy 9/1/2019 3.33% -1.70% 10/3/2019 1.26% -3.21% 11/4/2019 4.90% 1.73% 12/6/2019 -5.42% 8.47% 1/7/2020 0.90% -2.82% 2/8/2020 1.19% 3.69% Average 1.027% 1.027% Variance 0.0012393
| Utilities | Energy | ||
| 9/1/2019 | 3.33% | -1.70% | |
| 10/3/2019 | 1.26% | -3.21% | |
| 11/4/2019 | 4.90% | 1.73% | |
| 12/6/2019 | -5.42% | 8.47% | |
| 1/7/2020 | 0.90% | -2.82% | |
| 2/8/2020 | 1.19% | 3.69% | |
| Average | 1.027% | 1.027% | |
| Variance | 0.0012393 | 0.0020634 | |
| St. Dev. | 3.52% | 4.54% | |
Based on the table above, if you had invested $10,000 into each sector ETF (Utilities and Energy), what would be the cumulated value of your investment at the end of this time period?
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Financial and Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
12th edition
978-1133952428, 1285078578, 1133952429, 978-1285078571
