Question: you chose. For example, replace Index A WITH Step 02: In cell B2 we will set the index for the stock you chose to be

 you chose. For example, replace Index A WITH Step 02: In

you chose. For example, replace Index A WITH Step 02: In cell B2 we will set the index for the stock you chose to be 100 by taking the April 2017 price divided by itself with the result multiplied by 100. For example, for Microsoft in column E, the formula might be =100*E2/E2. For each future period we will want to divide by the same original value in cell E2, so when we copy the cell downwards, we want to 'fix' the dominator in the equation. We can do this by putting a dollar sign in front of the E and 2:=100*E2/$E$2. If you chose to use a different stock than Microsoft, everything will be the same, just a different letter than "E". O

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 Economics Questions!