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9th Edition

David R. Anderson + 4 others

Publisher: South-Western College Pub

ISBN: 9780357045435

Chapter 3, Problem 75SE

**a.**

To determine

Draw a graph of the annual returns on the stock.

Explain whether the Panama Railroad Company stock outperformed the New York Stock Exchange.

**b.**

To determine

Find the mean annual return on stock P from 1853 through 1880.

Check whether the stock outperforms the Stock Exchange N over the same period.