Business
Business, 05.09.2020 03:01, TheMadScientist8575

Suppose that at the end of August 2011 you purchased shares in Fastenal, Co. (Nasdaq: FAST). It is now five years later and you decide to evaluate your holdings to see if you have done well with this investment. The table below shows the end of August market prices of FAST. FAST Stock Prices Date Price 2011 33.47 2012 43.09 2013 43.99 2014 45.28 2015 38.54 2016 43.11 a. Enter the data into a worksheet and format the table as shown. b. Add a new column and use a formula to calculate your rate of return for each year. Format the data as percentages with two decimal places. c. Add another column and use a formula to calculate the cumulative total return from August 2011 to the end of August of each year. Format the data as above. d. Calculate the total return for the entire five-year holding period. What is the compound average annual rate of return? Create a Line chart showing the stock price from August 2011 to August 2016. Make sure to title the chart and label the axes. Now, create an XY Scatter chart of the same data. What are the differences between these types of charts? Which type of chart is more appropriate for this data? e. or in partWEN 2008

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Suppose that at the end of August 2011 you purchased shares in Fastenal, Co. (Nasdaq: FAST). It is n...

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