Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You purchased shares of a TSX listed company at the cost of $53.40 per share at the beginning of 2017. Over the next four years,

You purchased shares of a TSX listed company at the cost of $53.40 per share at the beginning of 2017. Over the next four years, the stock had following stock prices and dividends:

Year

Year End Price

Dividends

2017

$59.30

$1.80

2018

$58.60

$1.90

2019

$48.30

$1.00

2020

$53.20

$1.30

Calculate the following statistics: (1/1000 of one percent without % sign, e.g. 12.671, if a negative percentage, -9.56):

1) 2017 percentage return:

2) 2018 percentage return:

3) 2019 percentage return:

4) 2020 percentage return:

5) Arithmetic mean:

6) Geometric mean:

7) Standard deviation (sample):

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting in an Economic Context

Authors: Jamie Pratt

8th Edition

9781118139424, 9781118139431, 470635290, 1118139429, 1118139437, 978-0470635292

More Books

Students also viewed these Accounting questions

Question

What is the primary opportunity for new firms in a mature industry?

Answered: 1 week ago

Question

Describe how a bank can create money.

Answered: 1 week ago