Today is April 30, 2012, and you have just started your new job with a financial planning

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Today is April 30, 2012, and you have just started your new job with a financial planning firm. In addition to studying for all your license exams, you have been asked to review a portion of a client's stock portfolio to determine the risk/rectum profiles of 12 stocks in the portfolio. Unfortunately, your small firm cannot afford the expensive databases that would provide all this information with a few simple keystrokes, but that's why they hired you. Specifically, you have been asked to determine the monthly average returns and standard deviations for the 12 stocks for the past five years. In the following chapters, you will be asked to do more extensive analyses on these same stocks. The stocks (with their symbols in parentheses) are:
Archer Daniels Midland (ADM)
Boeing (BA)
Caterpillar (CAT)
Deere & Co. (DE)
General Mills, Inc. (GIS)
Google Inc (GOOG)
Hershey (HSY)
International Business Machines Corporation (IBM)
JPMorgan Chase & Co. (JPM)
Microsoft (MSFT)
Procter and Gamble (PG)
Wal-Mart (WMT)
Convert these prices to monthly returns as the percentage change in the monthly prices. Note that to compute a return for each month, you need a beginning and ending price, so you will not be able to compute the return for the first month.
Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...
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