Question
You purchased 100 shares of Intel stock at a price of $87.25. The stock paid a dividend of $1.15 per share, and the stock is
You purchased 100 shares of Intel stock at a price of $87.25. The stock paid a dividend of $1.15 per share, and the stock is currently priced at $94.86 at the end of the year. What was your dollar return on this investment?
Rate of Return on Investment
= {Dividend per share + (Stock price @ the end of the year - Stock purchase price)} / Stock Purchase Price
= {1.15 + (94.86 87.25)} / 87.25
= 10.04 %
Dollar Return on Investment
= Initial Investment * Rate of Return on Investment
= (100*87.25) * 10.04%
= $ 875.99= $876
(Answer this Question Please) : Using the following returns, calculate the average returns, the variances, and the standard deviations for each stock (X and Y).
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