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With EXCEL FORUMULAS PLEASE Clipboard Font Alignment 112 Excess 1-yearreturn S&P Excess S&P total return 3M return T-bill Year 500return 3M 2002 2003 2004 23.37%

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Clipboard Font Alignment 112 Excess 1-yearreturn S&P Excess S&P total return 3M return T-bill Year 500return 3M 2002 2003 2004 23.37% 26 38% 899% 3.00% 13 62% 353% -3849% 642% 40 62% -1 74% -3 50% 2.17% 1.32% 126% 275% 438% 5.00% 2006 10.74% --29.83% 4853%) 7 07% -2.84% 16.67% 54.45% 20.00% 334% 0.47% 0.29% 0.12% 0.16% 0.13% 12.78%| 0.00% 2010 2011 2012 2013 2014: 12.78% 13.41% 29 60% 11.39% Section a. 7 Section b. 8 3M beta 9 Sharpe ratio o Jensen's alpha Section c. 4 Since Ch1 12 Question 1 Ch 12 Question 2 Ch12 Question 5 Chi2 Question 10

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