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
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
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
Question
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 .
a. Select a graph of the annual returns on the stock. The New York Stock Exchange earned an annual average return of from through .
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?
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Answer Part b please
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