Stock Investments Exercises 37-42 are based on the following chart, which shows monthly figures for Apple stock in 2010:4 350 A 317.13 300 317.44 294.07 255.96 260.09 250 235.97 258.77 246.94 235.86...

Number 40

Extracted text: Stock Investments Exercises 37-42 are based on the following chart, which shows monthly figures for Apple stock in 2010:4 350 A 317.13 300 317.44 294.07 255.96 260.09 250 235.97 258.77 246.94 235.86 211.98 218.95 200 195.46 150 100 + +. Nov-10 Marked are the following points on the chart: Jan. 10 Feb. 10 Mar. 10 Apr. 10 May 10 June 10 211.98 195.46 218.95 235.97 235.86 255.96 July 10 Aug. 10 Sep. 10 Oct. 10 Nov. 10 Dec. 10 246.94 260.09 258.77 294.07 317.13 317.44 37. Calculate to the nearest 0.01% your monthly percentage return (on a simple interest basis) if you had bought Apple stock in June and sold in December. 38. Calculate to the nearest 0.01% your monthly percentage return (on a simple interest basis) if you had bought Apple stock in February and sold in June. al 39. Suppose you bought Apple stock in April. If you later sold at one of the marked dates on the chart, which of those dates le would have given you the largest monthly return (on a simple interest basis), and what would that return have been? al 40. V Suppose you bought Apple stock in May. If you later sold at one of the marked dates on the chart, which of those dates would have given you the largest monthly return (on a sim- ple interest basis), and what would that return have been? ay em tor Jan-10 Feb-10 Mar- 10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Dec-10