Go to http://finance.yahoo.com/, enter the symbol DNP (for the closed-end fund DNP Select Income Fund that invests

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Go to http://finance.yahoo.com/, enter the symbol DNP (for the closed-end fund DNP Select Income Fund that invests in bonds), and click on “Get Quotes.” Retrieve stock price data at the beginning of the last 20 quarters. Then go to http://research.stlouisfed.org/fred2/ and retrieve interest rate data at the beginning of the last 20 quarters for the threemonth T-bill. Record the data on an Excel spreadsheet. Derive the quarterly return of DNP. Derive the quarterly change in the interest rate. Apply regression analysis in which the quarterly return of DNP is the dependent variable and the quarterly change in the interest rate is the independent variable (see Appendix B for more information about using regression analysis). Is there a positive or negative relationship between the interest rate movement and the stock return of DNP? Is the relationship significant? Offer an explanation for this relationship.

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