Please show steps for these two problems, attached is table for these two problems.

Date R (JNJ) R (CVX)

3/1/2020 14.42% 21.97%

4/1/2020 -0.86% -0.33%

5/1/2020 -4.80% -1.27%

6/1/2020 3.65% -5.93%

7/1/2020 5.25% -0.01%

8/1/2020 -2.31% -12.98%

9/1/2020

10/1/2020

11/1/2020

12/1/2020

1/1/2020

2/1/2021

2/10/2021

1. Which Security, JNJ or CVX, must have outperformed the other and why?

1. JNJ must have performed better because CVX is in the Energy Sector and it has been in the recession for a while by now.
2. CVX must have performed better because Average Returns are the same, but its St. Dev. is higher
3. JNJ must have performed better because Average Returns are the same, but its St. Dev. is lower
4. Both have generated same dollar values over past year because the average return is the same for both stocks.

2. Based on the table above, if you had invested $25,000 into each of the securities (JNJ and CVX), what would be the cumulated value of your investment at the end of this time period?

1. $25,585 each
2. $32,998 each
3. $26,533 from JNJ and $27,638 from CVX
4. $32,361 from JNJ, and $31,222 from CVX

Date 3/1/2020 4/1/2020 5/1/2020 6/1/2020 7/1/2020 8/1/2020 9/1/2020 10/1/2020 11/1/2020 12/1/2020 1/1/2021 2/1/2021 2/10/2021 R (INI) 14,42% 0.86% -4.80% 3.65% 5.25% -2.31% -7.91% 5.52% 9.53% 3.65% 1.92% 0.02% R(CVX) 21.97% 0.33% 1.27% -5.93% -0.01% -12.98% -3.47% 23.24% -1.71% 0.89% 6.76% 0.92% Average St. Dev. 2.34% 6.13% 2.34% 10.55% 1. Which Security. JNJ or CVX, must have outperformed the other and why? JNJ must have performed better because CVX is in the Energy Sector and it has been in the recession for a while by now. b. CVX must have performed better because Average Returns are the same, but its St. Dev. is higher c. JNJ must have performed better because Average Returns are the same, but its St. Dev. is lower d. Both have generated same dollar values over past year because the average return is the same for both stocks. 2. Based on the table above, if you had invested $25,000 into each of the securities (JNJ and CVX), what would be the cumulated value of your investment at the end of this time period? a. $25.585 each b. $32,998 each c. $26,533 from JNJ and $27.638 from CVX d. $32,361 from JNJ, and $31,222 from CVX Date 3/1/2020 4/1/2020 5/1/2020 6/1/2020 7/1/2020 8/1/2020 9/1/2020 10/1/2020 11/1/2020 12/1/2020 1/1/2021 2/1/2021 2/10/2021 R (INI) 14,42% 0.86% -4.80% 3.65% 5.25% -2.31% -7.91% 5.52% 9.53% 3.65% 1.92% 0.02% R(CVX) 21.97% 0.33% 1.27% -5.93% -0.01% -12.98% -3.47% 23.24% -1.71% 0.89% 6.76% 0.92% Average St. Dev. 2.34% 6.13% 2.34% 10.55% 1. Which Security. JNJ or CVX, must have outperformed the other and why? JNJ must have performed better because CVX is in the Energy Sector and it has been in the recession for a while by now. b. CVX must have performed better because Average Returns are the same, but its St. Dev. is higher c. JNJ must have performed better because Average Returns are the same, but its St. Dev. is lower d. Both have generated same dollar values over past year because the average return is the same for both stocks. 2. Based on the table above, if you had invested $25,000 into each of the securities (JNJ and CVX), what would be the cumulated value of your investment at the end of this time period? a. $25.585 each b. $32,998 each c. $26,533 from JNJ and $27.638 from CVX d. $32,361 from JNJ, and $31,222 from CVX