Year 2021 2020 2019 2018 2017 2016 Goodman Corporation Stock Price Dividend $26.22 $1.69 22.17 1.52 24.95 1.45 16.25 1.40 17.12 1.34 11.41 1.26 Landry Incorporated Stock Price $74.73 80.04 74.73 86.98 91.48 84.61 Dividend $4.51 4.34 4.16 3.74 3.40 3.00 Market Index Includes Dividends 17,435.13 13,147.79 12,949.11 9,485.43 8,064.16 6,891.67

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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### Stock Price and Dividend History of Goodman Corporation and Landry Incorporated (2016-2021)

This table provides a detailed overview of the stock prices and dividends for Goodman Corporation and Landry Incorporated over the past six years (2016-2021). Additionally, it includes the Market Index values for the same period, which account for dividends.

#### Goodman Corporation:
- **2021**: 
  - Stock Price: $26.22
  - Dividend: $1.69
- **2020**:
  - Stock Price: $22.17
  - Dividend: $1.52
- **2019**:
  - Stock Price: $24.95
  - Dividend: $1.45
- **2018**:
  - Stock Price: $16.25
  - Dividend: $1.40
- **2017**:
  - Stock Price: $17.12
  - Dividend: $1.34
- **2016**:
  - Stock Price: $11.41
  - Dividend: $1.26

#### Landry Incorporated:
- **2021**:
  - Stock Price: $74.73
  - Dividend: $4.51
- **2020**:
  - Stock Price: $80.04
  - Dividend: $4.34
- **2019**:
  - Stock Price: $74.73
  - Dividend: $4.16
- **2018**:
  - Stock Price: $86.98
  - Dividend: $3.74
- **2017**:
  - Stock Price: $91.48
  - Dividend: $3.40
- **2016**:
  - Stock Price: $84.61
  - Dividend: $3.00

#### Market Index (Includes Dividends):
- **2021**: 
  - 17,435.13
- **2020**:
  - 13,147.79
- **2019**:
  - 12,949.11
- **2018**:
  - 9,485.43
- **2017**:
  - 8,064.16
- **2016**:
  - 6,891.67

This historical data allows for a comparison of the stock price trends and dividend payouts of the two corporations over a
Transcribed Image Text:### Stock Price and Dividend History of Goodman Corporation and Landry Incorporated (2016-2021) This table provides a detailed overview of the stock prices and dividends for Goodman Corporation and Landry Incorporated over the past six years (2016-2021). Additionally, it includes the Market Index values for the same period, which account for dividends. #### Goodman Corporation: - **2021**: - Stock Price: $26.22 - Dividend: $1.69 - **2020**: - Stock Price: $22.17 - Dividend: $1.52 - **2019**: - Stock Price: $24.95 - Dividend: $1.45 - **2018**: - Stock Price: $16.25 - Dividend: $1.40 - **2017**: - Stock Price: $17.12 - Dividend: $1.34 - **2016**: - Stock Price: $11.41 - Dividend: $1.26 #### Landry Incorporated: - **2021**: - Stock Price: $74.73 - Dividend: $4.51 - **2020**: - Stock Price: $80.04 - Dividend: $4.34 - **2019**: - Stock Price: $74.73 - Dividend: $4.16 - **2018**: - Stock Price: $86.98 - Dividend: $3.74 - **2017**: - Stock Price: $91.48 - Dividend: $3.40 - **2016**: - Stock Price: $84.61 - Dividend: $3.00 #### Market Index (Includes Dividends): - **2021**: - 17,435.13 - **2020**: - 13,147.79 - **2019**: - 12,949.11 - **2018**: - 9,485.43 - **2017**: - 8,064.16 - **2016**: - 6,891.67 This historical data allows for a comparison of the stock price trends and dividend payouts of the two corporations over a
### Calculating Annual Returns and Standard Deviations

#### a. Instructions for Calculating Annual Returns
Use the data provided to calculate the annual returns for Goodman Corporation, Landry Incorporated, and the Market Index. Follow these steps:

1. **Calculate the Annual Returns**:
   - Subtract the beginning price from the ending price to get the capital gain or loss.
   - Add the dividend to the capital gain or loss.
   - Divide the result by the beginning price.

   Note: Dividends are already included in the index. The rate of return for 2016 cannot be calculated due to missing 2015 data. Round your answers to two decimal places.

#### Annual Returns Table:

| Year | Goodman Corporation | Landry Incorporated | Market Index |
|------|---------------------|---------------------|--------------|
| 2021 |           %         |           %         |      %       |
| 2020 |           %         |           %         |      %       |
| 2019 |           %         |           %         |      %       |
| 2018 |           %         |           %         |      %       |
| 2017 |           %         |           %         |      %       |
|**Average**|       %         |           %         |      %       |

#### b. Instructions for Calculating Standard Deviations
Calculate the standard deviations of the returns for Goodman Corporation, Landry Incorporated, and the Market Index using the sample standard deviation formula. This corresponds to the `STDEV.S` function in Excel. Round your answers to two decimal places.

#### Standard Deviations Table:

|                | Goodman Corporation | Landry Incorporated | Market Index |
|----------------|---------------------|---------------------|--------------|
|**Standard deviation**|          %          |           %         |      %       |

**Note**: Make sure to use precise formulas and calculations to ensure accuracy in your results.
Transcribed Image Text:### Calculating Annual Returns and Standard Deviations #### a. Instructions for Calculating Annual Returns Use the data provided to calculate the annual returns for Goodman Corporation, Landry Incorporated, and the Market Index. Follow these steps: 1. **Calculate the Annual Returns**: - Subtract the beginning price from the ending price to get the capital gain or loss. - Add the dividend to the capital gain or loss. - Divide the result by the beginning price. Note: Dividends are already included in the index. The rate of return for 2016 cannot be calculated due to missing 2015 data. Round your answers to two decimal places. #### Annual Returns Table: | Year | Goodman Corporation | Landry Incorporated | Market Index | |------|---------------------|---------------------|--------------| | 2021 | % | % | % | | 2020 | % | % | % | | 2019 | % | % | % | | 2018 | % | % | % | | 2017 | % | % | % | |**Average**| % | % | % | #### b. Instructions for Calculating Standard Deviations Calculate the standard deviations of the returns for Goodman Corporation, Landry Incorporated, and the Market Index using the sample standard deviation formula. This corresponds to the `STDEV.S` function in Excel. Round your answers to two decimal places. #### Standard Deviations Table: | | Goodman Corporation | Landry Incorporated | Market Index | |----------------|---------------------|---------------------|--------------| |**Standard deviation**| % | % | % | **Note**: Make sure to use precise formulas and calculations to ensure accuracy in your results.
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