The annual return of AMZN relative to the S&P 500 Index can be expressed using the formula: Relative Return = AMZN₁ AMZN-1 % S&P 500 t S&P 500 t-1 What was the lowest annual return of AMZN relative to the S&P 500 Index from 2018 to 2021? Round your answer to two decimal points.
The annual return of AMZN relative to the S&P 500 Index can be expressed using the formula: Relative Return = AMZN₁ AMZN-1 % S&P 500 t S&P 500 t-1 What was the lowest annual return of AMZN relative to the S&P 500 Index from 2018 to 2021? Round your answer to two decimal points.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:The following table lists the closing levels of the S&P 500 Index and the share price of Amazon stock.
Year
2017
2018
2019
2020
2021
Relative Return
S&P 500 Index
2043.94
%
2238.83
2673.61
2506.85
3230.78
AMZNt
AMZNt-1
What was the lowest annual return
to two decimal points.
The annual return of AMZN relative to the S&P 500 Index can be expressed using the formula:
AMZN
S&P 500 t
S&P 500 t-1
675.89
768.66
1169.47
1501.97
1847.84
AMZN relative to the S&P 500 Index from 2018 to 2021? Round your answer
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