Question: The table below includes beginning and ending data for the Dow Jones, NASDAQ, and the S&P 500. You are to find the average annual return

  1. The table below includes beginning and ending data for the Dow Jones, NASDAQ, and the S&P 500. You are to find the average annual return for each stock index. If you had $1,000 dollars to invest in each index on January 1, 2016, what would your investment balance be as of December 31, 2022 for each stock index? Please show all work.

Index 12/31/15 12/31/22
Dow Jones 17,823.07 34,086.04
NASDAQ 5,007.41 11,584.55
S&P 500 2,043.94 4,076.60

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

please answer all questions 1. (10 points) Spongebob and luis best friend Patrick Star have decided to open a bubble stand. Unfortunately, Spongebob and Patrick are short of capital and ask Mr. Krabs...

Q:

The table below includes beginning and ending data for the Dow Jones, NASDAQ, and the S&P 500. You are to find the average annual return for each stock index. If you had $1,000 dollars to invest in...

Q:

3. (10 points) The table below includes beginning and ending data for the Dow Jones, NASDAQ, and the S\&P 500. You are to find the average annual return for each stock index. If you had $1,000...

Q:

Consider Vanguard's VDALX fund (Vanguard Dividend Appreciation Index Fund Investor Shares). The graph below shows the value of $10,000 invested in the VDAIX fund and also the S\&P 500. The VDALX fund...

Q:

An Investment Analysis Case Study This case is a group project that is due on April 1, before class at 10.30. Stating the obvious: Each group will turn in one report (sounds obvious, but might as...

Q:

An Investment Analysis Case Study This case is a group project that is due on April 1, before class at 10.30. Stating the obvious: Each group will turn in one report (sounds obvious, but might as...

Q:

An Investment Analysis Case Study This case is a group project that is due on April 1, before class at 10.30. Stating the obvious: Each group will turn in one report (sounds obvious, but might as...

Q:

I need help with my assignment for accounting. It is to do with report analysis and hypothesis testing. A good knowledge of Excel is required for this task. Analytical review Golden Big Burgers Part...

Q:

I need your help with this: Can you please quote from the attached chapters / resource if possible? Corporations often use different costs of capital for different operating divisions. Using an...

Q:

Need to complete 10 homework but now i need 5 homework then after some time 5 homework more. Here it is attachment. Chapter 5 HW Questions [ALL OF THESE MUST BE DONE IN EXCEL] 1. Future value: Chuck...

Q:

Deanna is 62 years old. She plans to retire in 3 years. She has $300,000 in a savings account that yields 2.25% interest com- pounded daily. She has calculated that her final working year's salary...

Q:

Suppose that when a certain sound intensity level (in dB) triples, the sound intensity (in W/m2) also triples. Determine this sound intensity level.

Q:

3. In the BubbleSort procedure, does the inner loop always execute the same number of times?

Q:

what are the factors that shape your organization external competitiveness to recruit and retain employees

Q:

How does the purpose of an executive summary differ from that of a letter of transmittal? (Objective 4)

Q:

Cynthia Robertson graduated from the University of Pittsburgh 14 months ago. She received a scholarship to offset some of her tuition while attending Pitt as an undergraduate, but she took out a loan...

Q:

You recently moved to Phoenix, Arizona, to accept a job with Multimedia Masters. Until you moved to Phoenix, you had no idea how brutal the sun could be. One of your colleagues at Multimedia Masters...