a. Calculate the average daily change in the Index, shown to 6 decimal places.
b. State the average daily change in the S&P 500 Index for the month of November 2012 as a percentage.
c. State the implied monthly change in the S&P 500 Index for the month of November 2012 as a percentage.
d. State the implied monthly change in the S&P 500 Index for the month of November 2012 as a percentage.
Date Closing Pr
1 1/30/2012 ………………………. 1.400.38
1 1/29/2012 ………………………. 1,398.26
1 1/28/2012 ………………………. 1,390.84
1 1/27/2012 ………………………. 1,385.35
1 1/23/2012 ………………………. 1,375.93
1 1/22/2012 ………………………. 1,394.35
1 1/21/2012 ………………………. 1,390.71
1 1/20/2012 ………………………. 1,413.40
1 1/19/2012 ………………………. 1,426.63
1 1/16/2012 ………………………. 1,425.35
11/15/2012 ………………………. 1,423.57
1 1/14/2012 ………………………. 1,408.66
1 1/13/2012 ………………………. 1,403.04
1 1/12/2012 ………………………. 1,403.58
1 1/9/2012 ………………………. 1,388.28
1 1/8/2012 ………………………. 1,397.68
11/7/2012 ………………………. 1,392.57
1 1/6/2012 ………………………. 1,418.26
1 1/5/2012 ………………………. 1,407.49
1 1/2/2012 ………………………. 1,413.90
1 1/1/2012 ………………………. 1,409.34
10/31/2012 ………………………. 1,385.59