Excel Assignment # 2

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Jan 9, 2024

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SPMGT 374 1 EXCEL ASSIGNMENT # 2 Risk & Return Excel (5 points) Due by Monday, October 9 th , 11:59 pm (PT) Overview The purpose of this assignment is for students to apply the principles of risk and return and use excel software to analyze investments in the sport industry. Learning Objectives By the end of this assignment, you will be able to: Perform basic excel formulas and functions. Calculate the expected rate of return, standard deviation, and coefficient of variation for stand- alone investments where the data is provided. Calculate the expected rate of return and beta of a portfolio investment where the data is provided. Interpret the above calculations to choose the best investment. Analyze and make recommendations about potential investments and critically analyze the recommendations of others. Instructions You can complete this assignment on Excel by following the steps outlined in detail below. I have used the symbols [ ] to designate what you should enter into Excel. For example, if you see [=E3*2], I want you to type in the equals sign followed by E3, *, and finishing with 2. Typically, you will press enter when you are done filling in the information. Grading and Evaluation You will receive full grades so long as you make a genuine attempt to answer the questions. Points will not be automatically deducted when some of your responses are incorrect (so long as you make a genuine attempt). Think of this as a chance to practice your new knowledge... and have fun! After you submit your Excel spreadsheet, you will receive the correct answers in an announcement on Canvas. Make sure to compare your spreadsheet with the answer Excel spreadsheet you receive to check your understanding of the material. Assignment steps 1. Calculate the expected rate of return for Franchise A a. First calculate the probable returns for each projected rate of return. i. In C4 write [=A4*B4]. ii. Drag the equation down to apply from C4 to C8 b. Next calculate the expected rate of return for the investment. i. In C9 write [=SUM(C4:C8)] 2. Calculate the standard deviation for Franchise A
SPMGT 374 2 a. Start by calculating the deviations from the expected ROR for each projected ROR. i. In D4 write [=A4-$C$9] ii. Drag the equation down to D8 iii. The $ signs tell excel to retain the same cell (C9) in each of the equations even while the other cell in the equation changes. In other words the $ signs anchor the cell. b. Next, square the deviations i. In E4 write [=D4^2] ii. Drag the equation down to E8 iii. The ^ s ign means “to the power of” c. Next calculate the variance i. In F4 write [=E4*B4] ii. Drag the equation down to F8 d. Last, calculate the Standard deviation i. In F9 write [=SQRT(SUM(F4:F8))] ii. This will sum the variance values and then square root the answer. Be careful with your parentheses. Make sure you know and use the order of operations. 3. Calculate the Coefficient of Variation for Franchise A a. In F10 write [=F9/C9] 4. Copy all the work you have done so far to the columns to the right of the table a. What happens when you increase the projected return of the first value in cell (A4)? b. What happens if you make all the probabilities the same? 5. Calculate the expected rate of return for Franchise B a. Repeat all the steps used to answer Question 1 b. Based on this information alone would you invest in Franchise A or B? 6. Calculate the standard deviation for Franchise B a. Repeat all the steps used to answer Question 2 b. Based on this information alone would you invest in Franchise A or B? 7. Calculate the Coefficient of Variation for Franchise B a. Repeat all the steps to answer question 3 b. Which Franchise would you invest in? 8. Calculate the Expected rate of return for Portfolio A a. Start by calculating the Weight i. In E22 write “Weight” ii. In E23 write [=B23/$B$28] iii. Drag the equation down to E27
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