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Question Four (B) The following table shows the NYSE composite index over a recent 15-year period: End of Year 1988 1989 1990


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Answer #1

Please refer to below spreadsheet for calculation and answer. Cell reference also provided.

А B с D E 1 End of Year 2 3 4. 8 5 6 7 8 9 10 11 12 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 NYSE Simple C

Cell reference -

A B D 1 (a) End of Year NYSE Composite Simple Annual rates 2 3 1988 156.26 195.01 4. 1989 1990 5 6 7 1991 1992 1993 1994 8 9

Hope it will help, please do comment if you need any further explanation. Your feedback would be highly appreciated.

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