Question: The exercise file for this chapter gives daily returns from 1987 to 2020 for the Vanguard Index 500 Fund (VFINX). This is a fund that

The exercise file for this chapter gives daily returns from 1987 to 2020 for the Vanguard Index 500 Fund (VFINX). This is a fund that tracks the SP500, where the returns include dividends.

Compute the overall daily return statistics: average and standard deviation.

Annualize these statistics, assuming that there are 250 days per year.
Compute the daily and annualized return statistics by year.

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