The closing price of Walmart stock at the end of its fiscal year (end of January) for five years is given in the following table. The CPI for January of each year is also provided. Deflate the stock price series and comment on the financial performance of Walmart stock. Year Price ($) January CPI 2014 74.42 233.9 2015 84.98 233.7 2016 66.36 236.9 2017 66.50 242.8 2018 104.48 247.9

The closing price of Walmart stock at the end of its fiscal year (end of January) for five years is given in the following table. The CPI for January of each year is also provided. Deflate the stock price series and comment on the financial performance of Walmart stock. Year Price ($) January CPI 2014 74.42 233.9 2015 84.98 233.7 2016 66.36 236.9 2017 66.50 242.8 2018 104.48 247.9

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment

Section: Chapter Questions

Problem 9WNG

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Question

Year	Price ($)	January CPI
2014	74.42	233.9
2015	84.98	233.7
2016	66.36	236.9
2017	66.50	242.8
2018	104.48	247.9

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