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The file P02_41.xlsx contains monthly returns on American Express stock for several years. As the formulas in the file indicate, each return is the percentage change in the adjusted closing price from one month to the next. Do monthly stock returns appear to be skewed or symmetric? On average, do they tend to be positive, negative, or zero?
Q49
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Order Paper NowThe file P02_42.xlsx contains monthly returns on Mattel stock for several years. As the formulas in the file indicate, each return is the percentage change in the adjusted closing price from one month to the next. Create a histogram of these returns and summarize what you learn from it. On average, do the returns tend to be positive, negative, or zero?
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