The Panama Railroad Company was established in  to construct a railroad across the isthmus that would allow fast and easy access between the Atlantic and Pacific Oceans. The following table provides annual returns for Panama Railroad stock from  through .     Year Return on Panama Railroad Company Stock (%)         1853 -1   1854 -9   1855 19   1856 2   1857 3   1858 36   1859 21   1860 16   1861 -5   1862 43   1863 44   1864 48   1865 7   1866 11   1867 23   1868 20   1869 -11   1870 -51   1871 -42   1872 39   1873 42   1874 12   1875 26   1876 9   1877 -6   1878 25   1879 31   1880 30     a. Select a graph of the annual returns on the stock. The New York Stock Exchange earned an annual average return of  from  through .   A.   B.   C.   D.       Can you tell from the graph if the Panama Railroad Company stock outperformed the New York Stock Exchange?   b. Calculate the mean annual return on Panama Railroad Company stock from  through  (to  decimal).    Did the stock outperform the New York Stock Exchange over the same period?     Answer Part b please

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The Panama Railroad Company was established in  to construct a railroad across the isthmus that would allow fast and easy access between the Atlantic and Pacific Oceans. The following table provides annual returns for Panama Railroad stock from  through .

 

 

Year Return on Panama Railroad Company Stock (%)  
     
1853 -1  
1854 -9  
1855 19  
1856 2  
1857 3  
1858 36  
1859 21  
1860 16  
1861 -5  
1862 43  
1863 44  
1864 48  
1865 7  
1866 11  
1867 23  
1868 20  
1869 -11  
1870 -51  
1871 -42  
1872 39  
1873 42  
1874 12  
1875 26  
1876 9  
1877 -6  
1878 25  
1879 31  
1880 30  

 

a. Select a graph of the annual returns on the stock. The New York Stock Exchange earned an annual average return of  from  through .

 

A.  
B.  
C.  
D.  

 

 

Can you tell from the graph if the Panama Railroad Company stock outperformed the New York Stock Exchange?

 

b. Calculate the mean annual return on Panama Railroad Company stock from  through  (to  decimal).

  

Did the stock outperform the New York Stock Exchange over the same period?

 

 

Answer Part b please

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