Question: Use the below data on stock prices and dividends for Microsoft Corporation(MSFT): Y ear Price (Beginning of the Year) Price (End of the Year) Dividends

Use the below data on stock prices and dividends for Microsoft Corporation(MSFT):

YearPrice (Beginning of the Year)Price (End of the Year)Dividends (End of the Year )
200526.2828.150.29
200628.1530.860.33
200730.8632.600.37
200832.6017.100.41
200917.1028.180.46
201028.1827.730.55
201127.7329.530.68
201229.5327.450.83
201327.4537.840.97
201437.8446.451.15


Estimate the range in which 95% of the outcome (HPRs) will fall if the HPRs display normal distribution.

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