water treating from college at spring with a major in a Closing Price $5.73 counting and finance, Jim Hale took a job as an analyst trainee for an investment company in Chicago. His first few weeks were filled with a series of rotations throughout the firm's vari- ous operating units, but this week he was assigned to one of the firm's traders as an analyst. On his first day, Jim's boss called him in and told him that he wanted to do some rudimentary analysis of the investment returns of a semiconductor manu- facturer called Advanced Micro Devices, Inc. (AMD). Specifi- cally, Jim was given the following month-end closing prices for the company spanning the period of November 1, 2011, through November 1, 2012: Date 1-Nov-11 1-Dec 11 3-Jan-12 1-Feb-12 1-Mar-12 2-Apr-12 1-May-12 Closing Price $5.69 5:4 6.71 7.35 Date 1-Jun-12 2-Jul-12 1-Aug-12 4-Sep-12 1-Oct-12 1-Nov-12 4.06 3.72 3.37 2.05 8.02 7.36 6.08 1.88 He was then instructed by his boss to complete the follow- ing tasks using the AMD price data (note that AMD paid no dividend during the period being analyzed). Questions water treating from college at spring with a major in a Closing Price $5.73 counting and finance, Jim Hale took a job as an analyst trainee for an investment company in Chicago. His first few weeks were filled with a series of rotations throughout the firm's vari- ous operating units, but this week he was assigned to one of the firm's traders as an analyst. On his first day, Jim's boss called him in and told him that he wanted to do some rudimentary analysis of the investment returns of a semiconductor manu- facturer called Advanced Micro Devices, Inc. (AMD). Specifi- cally, Jim was given the following month-end closing prices for the company spanning the period of November 1, 2011, through November 1, 2012: Date 1-Nov-11 1-Dec 11 3-Jan-12 1-Feb-12 1-Mar-12 2-Apr-12 1-May-12 Closing Price $5.69 5:4 6.71 7.35 Date 1-Jun-12 2-Jul-12 1-Aug-12 4-Sep-12 1-Oct-12 1-Nov-12 4.06 3.72 3.37 2.05 8.02 7.36 6.08 1.88 He was then instructed by his boss to complete the follow- ing tasks using the AMD price data (note that AMD paid no dividend during the period being analyzed). Questions