1. Given the stock prices, compute three monthly stock returns. Then, use these three monthly stock returns to compute its average return and standard deviation.
Feb $12.07
Jan $12.94
Dec $10.54
Nov $11.38
2. Nike's total common equity at the end of last year was $455,000 and its net income after taxes was $65,000. The firm has $500 Million in Assets and $25,000 in current liabilities. What was its ROE?
A. 10.00%
B. 14.29%
C. 15.59%
D. 18.89%