Year $/$Return on Stock

$1853-1\%$

$1854-9\%$

$185519\%$

$18562\%$

$18573\%$

$185836\%$

$185921\%$

$186016\%$

$1861-5\%$

$186243\%$

$186344\%$

$186448\%$

$18657\%$

$186611\%$

$186723\%$

$186820\%$

$1869-11\%$

$1870-51\%$

$1871-42\%$

$187239\%$

$187342\%$

$187412\%$

$187526\%$

$18769\%$

$1877-6\%$

$187825\%$

$187931\%$

$188030\%$

Calculate the mean annual return on Panama Railroad Company stock from $1853$ through $1880($to decimal$).$

a$.$ Select a graph of the annual returns on the stock. The New York Stock Exchange earned an annual average

return of $8\mathrm{.}4\%$ from $1853$ through $1880.$

A$.$

B$.$ C$.$

D$.$ Can you tell from the graph if the Panama Railroad Company stock outperformed the New York Stock Exchange?

b$.$ Calculate the mean annual return on Panama Railroad Company stock from $1853$ through $1880($to $1$

decimal$).$

$\%$

Did the stock outperform the New York Stock Exchange over the same period?