Title

Harshul Ganjawala& Faustino RoblesMGT 326-005Research Project 1Spring 2015

Companies:Staple this corner

Health ServicesCVS Health CorporationSymbol:CVSTask 2Task 3aTask 3bTask 4aTask 4bTask 5Adjusted CloseMonthly ReturnsAve. Monthly rAve. Annual rs (Monthlyly Rtns)s (Annualized)DateCV2/1/10$31.452.1142%25.3708%5.8201%20.1613%0.79473/1/10$34.078.3307%4/1/10$34.481.2034%5/3/10$32.34-6.2065%6/1/10$27.38-15.3370%7/1/10$28.755.0037%8/2/10$25.27-12.1043%9/1/10$29.4816.6601%10/1/10$28.30-4.0027%11/1/10$29.122.8975%12/1/10$32.6612.1566%1/3/11$32.24-1.2860%2/1/11$31.17-3.3189%3/1/11$32.363.8178%4/1/11$34.275.9023%5/2/11$36.606.7989%6/1/11$35.55-2.8689%7/1/11$34.51-2.9255%8/1/11$34.09-1.2170%9/1/11$31.89-6.4535%10/3/11$34.618.5293%11/1/11$37.006.9055%12/1/11$38.855.0000%1/3/12$39.932.7799%2/1/12$43.138.0140%3/1/12$42.84-0.6724%4/2/12$42.83-0.0233%5/1/12$43.140.7238%6/1/12$44.863.9870%7/2/12$43.58-2.8533%8/1/12$43.870.6654%9/4/12$46.636.2913%10/1/12$44.85-3.8173%11/1/12$44.950.2230%12/3/12$46.733.9600%1/2/13$49.706.3557%2/1/13$49.62-0.1610%3/1/13$53.387.5776%4/1/13$56.706.2196%5/1/13$56.11-1.0406%6/3/13$55.72-0.6951%7/1/13$60.157.9505%8/1/13$56.78-5.6027%9/3/13$55.51-2.2367%10/1/13$61.1310.1243%11/1/13$65.757.5577%12/2/13$70.276.8745%1/2/14$66.76-4.9950%2/3/14$72.118.0138%3/3/14$73.802.3436%4/1/14$71.96-2.4932%5/1/14$77.507.6987%6/2/14$74.58-3.7677%7/1/14$75.831.6761%8/1/14$78.904.0485%9/2/14$79.040.1774%10/1/14$85.518.1857%11/3/14$91.046.4671%12/1/14$95.975.4152%1/2/15$98.162.2820%Average$0.02

Industrial GoodsCaterpillar Inc.Symbol:CATTask 2Task 3aTask 3bTask 4aTask 4bTask 5Adjusted CloseMonthly ReturnsAve. Monthly rAve. Annual rs (Monthly Rtns)s (Annualized)DateCV2/1/10$50.671.1297%13.5559%8.6156%29.8452%2.20163/1/10$55.8310.1835%4/1/10$60.869.0095%5/3/10$54.31-10.7624%6/1/10$53.69-1.1416%7/1/10$62.7616.8933%8/2/10$58.63-6.5806%9/1/10$70.7920.7402%10/1/10$71.110.4520%11/1/10$76.547.6361%12/1/10$84.7310.7003%1/3/11$88.184.0718%2/1/11$93.566.1012%3/1/11$101.218.1766%4/1/11$105.344.0806%5/2/11$96.57-8.3254%6/1/11$97.170.6213%7/1/11$90.55-6.8128%8/1/11$83.41-7.8851%9/1/11$67.68-18.8587%10/3/11$87.0628.6348%11/1/11$90.213.6182%12/1/11$83.50-7.4382%1/3/12$101.0220.9820%2/1/12$105.734.6624%3/1/12$98.61-6.7341%4/2/12$95.54-3.1133%5/1/12$81.46-14.7373%6/1/12$78.94-3.0935%7/2/12$78.79-0.1900%8/1/12$79.841.3327%9/4/12$80.500.8267%10/1/12$79.83-0.8323%11/1/12$80.230.5011%12/3/12$84.835.7335%1/2/13$93.159.8079%2/1/13$87.45-6.1192%3/1/13$82.33-5.8548%4/1/13$80.67-2.0163%5/1/13$81.751.3388%6/3/13$78.59-3.8654%7/1/13$79.551.2215%8/1/13$79.19-0.4525%9/3/13$80.021.0481%10/1/13$80.540.6498%11/1/13$81.741.4899%12/2/13$87.747.3403%1/2/14$91.324.0802%2/3/14$94.303.2633%3/3/14$96.632.4708%4/1/14$103.106.6956%5/1/14$100.00-3.0068%6/2/14$106.306.3000%7/1/14$99.18-6.6980%8/1/14$107.378.2577%9/2/14$97.48-9.2111%10/1/14$100.593.1904%11/3/14$99.78-0.8052%12/1/14$90.79-9.0098%1/2/15$79.97-11.9176%

Materials & ConstructionMeritage Homes Corp.Symbol:MTHTask 2Task 3aTask 3bTask 4aTask 4bTask 5Adjusted CloseMonthly ReturnsAve. Monthly rAve. Annual rs (Monthly Rtns)s (Annualized)DateCV2/1/10$21.391.3644%16.3729%9.5950%33.2381%2.03013/1/10$21.00-1.8233%4/1/10$23.7813.2381%5/3/10$21.38-10.0925%6/1/10$16.28-23.8541%7/1/10$17.587.9853%8/2/10$17.861.5927%9/1/10$19.629.8544%10/1/10$18.31-6.6769%11/1/10$18.973.6046%12/1/10$22.2017.0269%1/3/11$22.963.4234%2/1/11$25.8112.4129%3/1/11$24.13-6.5091%4/1/11$23.91-0.9117%5/2/11$25.004.5588%6/1/11$22.56-9.7600%7/1/11$21.85-3.1472%8/1/11$18.73-14.2792%9/1/11$15.14-19.1671%10/3/11$17.7517.2391%11/1/11$21.8222.9296%12/1/11$23.196.2786%1/3/12$24.204.3553%2/1/12$25.896.9835%3/1/12$27.064.5191%4/2/12$28.394.9150%5/1/12$30.015.7062%6/1/12$33.9413.0956%7/2/12$35.103.4178%8/1/12$37.276.1823%9/4/12$38.032.0392%10/1/12$36.98-2.7610%11/1/12$35.02-5.3002%12/3/12$37.356.6533%1/2/13$44.2418.4471%2/1/13$40.49-8.4765%3/1/13$46.8615.7323%4/1/13$48.794.1187%5/1/13$47.36-2.9309%6/3/13$43.36-8.4459%7/1/13$45.264.3819%8/1/13$39.92-11.7985%9/3/13$42.957.5902%10/1/13$45.395.6810%11/1/13$43.58-3.9877%12/2/13$47.9910.1193%1/2/14$48.571.2086%2/3/14$48.21-0.7412%3/3/14$41.88-13.1301%4/1/14$38.58-7.8797%5/1/14$40.113.9658%6/2/14$42.215.2356%7/1/14$38.30-9.2632%8/1/14$41.277.7546%9/2/14$35.50-13.9811%10/1/14$36.793.6338%11/3/14$39.226.6051%12/1/14$35.99-8.2356%1/2/15$36.411.1670%

Media Time Warner Inc.Symbol:TWXTask 2Task 3aTask 3bTask 4aTask 4bTask 5Adjusted CloseMonthly ReturnsAve. Monthly rAve. Annual rs (Monthly Rtns)s (Annualized)DateCV2/1/10$24.772.1806%26.1674%6.9036%23.9147%0.91393/1/10$26.677.6706%4/1/10$28.225.8118%5/3/10$26.63-5.6343%6/1/10$24.84-6.7217%7/1/10$27.038.8164%8/2/10$25.94-4.0326%9/1/10$26.522.2359%10/1/10$28.136.0709%11/1/10$25.70-8.6385%12/1/10$28.049.1051%1/3/11$27.41-2.2468%2/1/11$33.5022.2182%3/1/11$31.31-6.5373%4/1/11$33.206.0364%5/2/11$32.16-3.1325%6/1/11$32.11-0.1555%7/1/11$31.04-3.3323%8/1/11$28.17-9.2461%9/1/11$26.67-5.3248%10/3/11$31.1316.7229%11/1/11$31.210.2570%12/1/11$32.393.7808%1/3/12$33.222.5625%2/1/12$33.581.0837%3/1/12$34.071.4592%4/2/12$33.82-0.7338%5/1/12$31.34-7.3329%6/1/12$35.0111.7103%7/2/12$35.571.5995%8/1/12$38.026.8878%9/4/12$41.499.1268%10/1/12$39.78-4.1215%11/1/12$43.529.4017%12/3/12$44.011.1259%1/2/13$46.495.6351%2/1/13$49.205.8292%3/1/13$53.328.3740%4/1/13$55.313.7322%5/1/13$54.27-1.8803%6/3/13$53.76-0.9397%7/1/13$57.887.6637%8/1/13$56.54-2.3151%9/3/13$61.478.7195%10/1/13$64.214.4575%11/1/13$61.64-4.0025%12/2/13$65.416.1162%1/2/14$58.94-9.8915%2/3/14$63.297.3804%3/3/14$61.59-2.6860%4/1/14$62.661.7373%5/1/14$66.145.5538%6/2/14$69.394.9138%7/1/14$82.0118.1871%8/1/14$76.41-6.8284%9/2/14$74.60-2.3688%10/1/14$78.835.6702%11/3/14$84.767.5225%12/1/14$85.060.3539%1/2/15$77.60-8.7703%

RetailKohl's Corp.Symbol:KSSTask 2Task 3aTask 3bTask 4aTask 4bTask 5Adjusted CloseMonthly ReturnsAve. Monthly rAve. Annual rs (Monthly Rtns)s (Annualized)DateCV2/1/10$48.590.5634%6.7610%6.5402%22.6560%3.35103/1/10$49.461.7905%4/1/10$49.650.3841%5/3/10$45.82-7.7140%6/1/10$42.88-6.4164%7/1/10$43.060.4198%8/2/10$42.38-1.5792%9/1/10$47.5612.2227%10/1/10$46.24-2.7754%11/1/10$50.9410.1644%12/1/10$49.06-3.6906%1/3/11$45.85-6.5430%2/1/11$48.656.1069%3/1/11$48.11-1.1100%4/1/11$47.81-0.6236%5/2/11$48.291.0040%6/1/11$45.58-5.6119%7/1/11$49.879.4120%8/1/11$42.24-15.2998%9/1/11$45.006.5341%10/3/11$48.597.9778%11/1/11$49.311.4818%12/1/11$45.46-7.8077%1/3/12$42.36-6.8192%2/1/12$45.768.0264%3/1/12$46.391.3767%4/2/12$46.480.1940%5/1/12$42.49-8.5843%6/1/12$42.48-0.0235%7/2/12$46.449.3220%8/1/12$49.055.6202%9/4/12$48.13-1.8756%10/1/12$50.064.0100%11/1/12$41.95-16.2006%12/3/12$40.68-3.0274%1/2/13$43.817.6942%2/1/13$43.63-0.4109%3/1/13$43.990.8251%4/1/13$44.872.0005%5/1/13$49.029.2489%6/3/13$48.49-1.0812%7/1/13$50.864.8876%8/1/13$49.26-3.1459%9/3/13$50.021.5428%10/1/13$54.909.7561%11/1/13$53.43-2.6776%12/2/13$55.203.3127%1/2/14$49.25-10.7790%2/3/14$54.6610.9848%3/3/14$55.641.7929%4/1/14$53.67-3.5406%5/1/14$53.33-0.6335%6/2/14$51.98-2.5314%7/1/14$52.831.6352%8/1/14$58.019.8050%9/2/14$60.614.4820%10/1/14$53.85-11.1533%11/3/14$59.219.9536%12/1/14$61.043.0907%1/2/15$59.72-2.1625%

TelecomAT&TSymbol:TTask 2Task 3aTask 3bTask 4aTask 4bTask 5Adjusted CloseMonthly ReturnsAve. Monthly rAve. Annual rs (Monthlyly Rtns)s (Annualized)DateCV2/1/10$18.851.0309%12.3708%4.0875%14.1596%1.14463/1/10$19.634.1379%4/1/10$20.122.4962%5/3/10$18.76-6.7594%6/1/10$18.67-0.4797%7/1/10$20.379.1055%8/2/10$21.234.2219%9/1/10$22.465.7937%10/1/10$22.731.2021%11/1/10$22.14-2.5957%12/1/10$23.415.7362%1/3/11$22.25-4.9551%2/1/11$22.943.1011%3/1/11$24.757.8901%4/1/11$25.523.1111%5/2/11$25.881.4107%6/1/11$25.75-0.5023%7/1/11$24.32-5.5534%8/1/11$23.67-2.6727%9/1/11$23.710.1690%10/3/11$24.744.3442%11/1/11$24.46-1.1318%12/1/11$25.524.3336%1/3/12$25.19-1.2931%2/1/12$26.204.0095%3/1/12$26.752.0992%4/2/12$28.586.8411%5/1/12$29.683.8488%6/1/12$30.974.3464%7/2/12$33.357.6849%8/1/12$32.22-3.3883%9/4/12$33.152.8864%10/1/12$30.77-7.1795%11/1/12$30.36-1.3325%12/3/12$29.99-1.2187%1/2/13$31.354.5348%2/1/13$32.363.2217%3/1/13$33.062.1632%4/1/13$34.163.3273%5/1/13$31.90-6.6159%6/3/13$32.281.1912%7/1/13$32.570.8984%8/1/13$31.24-4.0835%9/3/13$31.23-0.0320%10/1/13$33.888.4854%11/1/13$32.95-2.7450%12/2/13$32.90-0.1517%1/2/14$31.60-3.9514%2/3/14$30.28-4.1772%3/3/14$33.269.8415%4/1/14$34.303.1269%5/1/14$34.08-0.6414%6/2/14$33.97-0.3228%7/1/14$34.641.9723%8/1/14$34.02-1.7898%9/2/14$34.290.7937%10/1/14$34.350.1750%11/3/14$34.891.5721%12/1/14$33.12-5.0731%1/2/15$32.92-0.6039%

EnergyExxon Mobil CorportationSymbol:XOMTask 2Task 3aTask 3bTask 4aTask 4bTask 5Adjusted CloseMonthly ReturnsAve. Monthly rAve. Annual rs (Monthly Rtns)s (Annualized)DateCV2/1/10$57.020.8199%9.8383%4.6295%16.0371%1.63013/1/10$58.753.0340%4/1/10$59.451.1915%5/3/10$53.39-10.1934%6/1/10$50.40-5.6003%7/1/10$52.714.5833%8/2/10$52.58-0.2466%9/1/10$54.964.5264%10/1/10$59.147.6055%11/1/10$62.265.2756%12/1/10$65.455.1237%1/3/11$72.2110.3285%2/1/11$76.966.5780%3/1/11$75.70-1.6372%4/1/11$79.164.5707%5/2/11$75.53-4.5856%6/1/11$73.64-2.5023%7/1/11$72.20-1.9555%8/1/11$67.42-6.6205%9/1/11$66.16-1.8689%10/3/11$71.137.5121%11/1/11$73.713.6272%12/1/11$77.665.3588%1/3/12$76.73-1.1975%2/1/12$79.693.8577%3/1/12$79.900.2635%4/2/12$79.54-0.4506%5/1/12$72.94-8.2977%6/1/12$79.388.8292%7/2/12$80.571.4991%8/1/12$81.511.1667%9/4/12$85.384.7479%10/1/12$85.12-0.3045%11/1/12$82.81-2.7138%12/3/12$81.32-1.7993%1/2/13$84.533.9474%2/1/13$84.670.1656%3/1/13$85.200.6260%4/1/13$84.14-1.2441%5/1/13$86.132.3651%6/3/13$86.02-0.1277%7/1/13$89.263.7666%8/1/13$83.56-6.3858%9/3/13$82.48-1.2925%10/1/13$85.914.1586%11/1/13$90.225.0169%12/2/13$97.678.2576%1/2/14$88.95-8.9280%2/3/14$93.575.1939%3/3/14$94.941.4641%4/1/14$99.544.8452%5/1/14$98.38-1.1654%6/2/14$98.530.1525%7/1/14$96.82-1.7355%8/1/14$98.011.2291%9/2/14$92.68-5.4382%10/1/14$95.302.8269%11/3/14$89.86-5.7083%12/1/14$91.762.1144%1/2/15$86.77-5.4381%

AutomotiveHonda MotorSymbol:HMCTask 2Task 3aTask 3bTask 4aTask 4bTask 5Adjusted CloseMonthly ReturnsAve. Monthly rAve. Annual rs (Monthly Rtns)s (Annualized)DateCV2/1/10$34.45-0.0024%-0.0287%6.6207%22.9349%-797.83243/1/10$35.121.9448%4/1/10$33.63-4.2426%5/3/10$30.25-10.0506%6/1/10$28.61-5.4215%7/1/10$31.6210.5208%8/2/10$32.773.6369%9/1/10$35.428.0867%10/1/10$35.861.2422%11/1/10$36.060.5577%12/1/10$39.319.0128%1/3/11$43.3310.2264%2/1/11$43.480.3462%3/1/11$37.33-14.1444%4/1/11$38.172.2502%5/2/11$37.82-0.9170%6/1/11$38.431.6129%7/1/11$39.593.0185%8/1/11$32.32-18.3632%9/1/11$29.01-10.2413%10/3/11$29.762.5853%11/1/11$31.505.8468%12/1/11$30.40-3.4921%1/3/12$33.8911.4803%2/1/12$37.9411.9504%3/1/12$38.250.8171%4/2/12$35.87-6.2222%5/1/12$31.64-11.7926%6/1/12$34.509.0392%7/2/12$31.35-9.1304%8/1/12$31.741.2440%9/4/12$30.75-3.1191%10/1/12$30.02-2.3740%11/1/12$33.1410.3931%12/3/12$36.7610.9234%1/2/13$37.512.0403%2/1/13$37.26-0.6665%3/1/13$38.082.2008%4/1/13$39.794.4905%5/1/13$37.39-6.0317%6/3/13$37.07-0.8558%7/1/13$36.96-0.2967%8/1/13$35.77-3.2197%9/3/13$37.966.1224%10/1/13$39.774.7682%11/1/13$42.166.0096%12/2/13$41.35-1.9213%1/2/14$37.51-9.2866%2/3/14$36.05-3.8923%3/3/14$35.34-1.9695%4/1/14$33.30-5.7725%5/1/14$35.185.6456%6/2/14$34.99-0.5401%7/1/14$34.88-0.3144%8/1/14$34.05-2.3796%9/2/14$34.280.6755%10/1/14$32.12-6.3011%11/3/14$30.32-5.6040%12/1/14$29.52-2.6385%1/2/15$30.222.3713%

Metals & MiningBHP Billiton plc Symbol:BBLTask 2Task 3aTask 3bTask 4aTask 4bTask 5Adjusted CloseMonthly ReturnsAve. Monthly rAve. Annual rs (Monthly Rtns)s (Annualized)DateCV2/1/10$52.080.0687%0.8246%8.6385%29.9246%36.28863/1/10$58.4812.2888%4/1/10$52.13-10.8584%5/3/10$46.91-10.0134%6/1/10$43.96-6.2886%7/1/10$52.5919.6315%8/2/10$47.77-9.1652%9/1/10$55.4816.1398%10/1/10$61.4510.7606%11/1/10$61.760.5045%12/1/10$69.8713.1315%1/3/11$66.58-4.7087%2/1/11$68.843.3944%3/1/11$69.901.5398%4/1/11$73.925.7511%5/2/11$69.73-5.6683%6/1/11$68.87-1.2333%7/1/11$65.99-4.1818%8/1/11$59.82-9.3499%9/1/11$47.43-20.7121%10/3/11$56.2618.6169%11/1/11$55.17-1.9374%12/1/11$52.17-5.4377%1/3/12$60.1615.3153%2/1/12$58.87-2.1443%3/1/12$55.76-5.2828%4/2/12$58.464.8422%5/1/12$47.69-18.4229%6/1/12$51.958.9327%7/2/12$52.921.8672%8/1/12$53.390.8881%9/4/12$57.888.4098%10/1/12$59.292.4361%11/1/12$58.50-1.3324%12/3/12$65.2111.4701%1/2/13$63.60-2.4689%2/1/13$58.55-7.9403%3/1/13$54.79-6.4219%4/1/13$53.34-2.6465%5/1/13$54.221.6498%6/3/13$48.38-10.7709%7/1/13$53.9211.4510%8/1/13$54.811.6506%9/3/13$56.653.3571%10/1/13$59.334.7308%11/1/13$58.40-1.5675%12/2/13$59.792.3801%1/2/14$56.75-5.0845%2/3/14$61.778.8458%3/3/14$60.55-1.9751%4/1/14$63.444.7729%5/1/14$61.43-3.1683%6/2/14$63.964.1185%7/1/14$66.834.4872%8/1/14$62.24-6.8682%9/2/14$55.53-10.7808%10/1/14$52.04-6.2849%11/3/14$47.25-9.2045%12/1/14$43.00-8.9947%1/2/15$43.691.6047%

Food & BeveragePepsico, Inc.Symbol:PEPTask 2Task 3aTask 3bTask 4aTask 4bTask 5Adjusted CloseMonthly ReturnsAve. Monthly rAve. Annual rs (Monthly Rtns)s (Annualized)DateCV2/1/10$53.871.0004%12.0042%3.3877%11.7354%0.97763/1/10$57.466.6642%4/1/10$56.64-1.4271%5/3/10$54.62-3.5664%6/1/10$53.34-2.3435%7/1/10$56.816.5054%8/2/10$56.17-1.1266%9/1/10$58.594.3083%10/1/10$57.58-1.7238%11/1/10$56.99-1.0247%12/1/10$58.041.8424%1/3/11$57.13-1.5679%2/1/11$56.34-1.3828%3/1/11$57.662.3429%4/1/11$61.676.9546%5/2/11$63.673.2431%6/1/11$63.51-0.2513%7/1/11$57.75-9.0694%8/1/11$58.571.4199%9/1/11$56.27-3.9269%10/3/11$57.221.6883%11/1/11$58.652.4991%12/1/11$60.803.6658%1/3/12$60.18-1.0197%2/1/12$58.15-3.3732%3/1/12$61.305.4170%4/2/12$60.98-0.5220%5/1/12$63.183.6077%6/1/12$65.794.1311%7/2/12$67.722.9336%8/1/12$67.44-0.4135%9/4/12$66.39-1.5569%10/1/12$64.95-2.1690%11/1/12$65.861.4011%12/3/12$64.69-1.7765%1/2/13$68.876.4616%2/1/13$72.144.7481%3/1/13$75.324.4081%4/1/13$78.524.2485%5/1/13$76.90-2.0632%6/3/13$78.421.9766%7/1/13$80.102.1423%8/1/13$76.45-4.5568%9/3/13$76.770.4186%10/1/13$81.205.7705%11/1/13$81.560.4433%12/2/13$80.64-1.1280%1/2/14$78.13-3.1126%2/3/14$77.85-0.3584%3/3/14$81.765.0225%4/1/14$84.102.8620%5/1/14$86.492.8419%6/2/14$88.131.8962%7/1/14$86.91-1.3843%8/1/14$91.244.9822%9/2/14$92.481.3591%10/1/14$95.543.3088%11/3/14$99.454.0925%12/1/14$94.56-4.9170%1/2/15$93.78-0.8249%

TobaccoUniversal CorporationSymbol:UVVTask 2Task 3aTask 3bTask 4aTask 4bTask 5Adjusted CloseMonthly ReturnsAve. Monthly rAve. Annual rs (Monthly Rtns)s (Annualized)DateCV2/1/10$42.960.2161%2.5927%8.0574%27.9115%10.76563/1/10$42.67-0.6750%4/1/10$42.29-0.8906%5/3/10$33.38-21.0688%6/1/10$32.41-2.9059%7/1/10$36.6513.0824%8/2/10$29.47-19.5907%9/1/10$33.1312.4194%10/1/10$34.654.5880%11/1/10$34.21-1.2698%12/1/10$34.03-0.5262%1/3/11$32.07-5.7596%2/1/11$35.3910.3524%3/1/11$36.854.1255%4/1/11$37.100.6784%5/2/11$36.07-2.7763%6/1/11$32.22-10.6737%7/1/11$31.81-1.2725%8/1/11$35.2510.8142%9/1/11$31.06-11.8865%10/3/11$37.5620.9272%11/1/11$41.5610.6496%12/1/11$40.32-2.9836%1/3/12$39.79-1.3145%2/1/12$40.732.3624%3/1/12$41.311.4240%4/2/12$41.06-0.6052%5/1/12$40.47-1.4369%6/1/12$41.512.5698%7/2/12$41.23-0.6745%8/1/12$42.944.1475%9/4/12$46.107.3591%10/1/12$45.29-1.7570%11/1/12$45.600.6845%12/3/12$45.610.0219%1/2/13$50.1810.0197%2/1/13$51.482.5907%3/1/13$51.710.4468%4/1/13$53.593.6357%5/1/13$54.591.8660%6/3/13$53.87-1.3189%7/1/13$57.586.8870%8/1/13$46.04-20.0417%9/3/13$47.843.9096%10/1/13$50.315.1630%11/1/13$49.49-1.6299%12/2/13$51.804.6676%1/2/14$49.15-5.1158%2/3/14$55.2212.3499%3/3/14$53.53-3.0605%4/1/14$52.76-1.4384%5/1/14$51.78-1.8575%6/2/14$53.523.3604%7/1/14$50.68-5.3064%8/1/14$51.491.5983%9/2/14$43.32-15.8672%10/1/14$43.931.4081%11/3/14$39.48-10.1298%12/1/14$43.429.9797%1/2/15$40.16-7.5081%

BankingRoyal Bank of CanadaSymbol:RYTask 2Task 3aTask 3bTask 4aTask 4bTask 5Adjusted CloseMonthly ReturnsAve. Monthly rAve. Annual rs (Monthly Rtns)s (Annualized)DateCV2/1/10$44.550.5972%7.1670%6.1410%21.2731%2.96823/1/10$48.097.9461%4/1/10$50.284.5540%5/3/10$43.73-13.0270%6/1/10$39.70-9.2156%7/1/10$43.8510.4534%8/2/10$40.11-8.5291%9/1/10$43.739.0252%10/1/10$45.183.3158%11/1/10$45.360.3984%12/1/10$44.32-2.2928%1/3/11$45.883.5199%2/1/11$50.049.0671%3/1/11$52.945.7954%4/1/11$54.232.4367%5/2/11$50.46-6.9519%6/1/11$49.13-2.6358%7/1/11$46.75-4.8443%8/1/11$44.46-4.8984%9/1/11$39.78-10.5263%10/3/11$43.058.2202%11/1/11$40.47-5.9930%12/1/11$44.8410.7981%1/3/12$46.543.7913%2/1/12$49.967.3485%3/1/12$51.593.2626%4/2/12$51.890.5815%5/1/12$44.66-13.9333%6/1/12$45.982.9557%7/2/12$46.410.9352%8/1/12$50.849.5454%9/4/12$52.112.4980%10/1/12$52.300.3646%11/1/12$54.003.2505%12/3/12$55.302.4074%1/2/13$57.724.3761%2/1/13$57.52-0.3465%3/1/13$55.84-2.9207%4/1/13$56.521.2178%5/1/13$55.59-1.6454%6/3/13$54.56-1.8529%7/1/13$58.877.8996%8/1/13$58.34-0.9003%9/3/13$60.673.9938%10/1/13$64.095.6371%11/1/13$63.46-0.9830%12/2/13$64.131.0558%1/2/14$59.58-7.0950%2/3/14$62.625.1024%3/3/14$63.531.4532%4/1/14$64.942.2194%5/1/14$66.903.0182%6/2/14$69.443.7967%7/1/14$72.404.2627%8/1/14$72.850.6215%9/2/14$70.08-3.8023%10/1/14$70.470.5565%11/3/14$72.432.7813%12/1/14$68.39-5.5778%1/2/15$56.59-17.2540%

Financial ServiceAmerican Express CompanySymbol:AXPTask 2Task 3aTask 3bTask 4aTask 4bTask 5Adjusted CloseMonthly ReturnsAve. Monthly rAve. Annual rs (Monthly Rtns)s (Annualized)DateCV2/1/10$35.621.5698%18.8379%5.9387%20.5724%1.09213/1/10$38.658.5065%4/1/10$43.2011.7723%5/3/10$37.34-13.5648%6/1/10$37.350.0268%7/1/10$42.0012.4498%8/2/10$37.51-10.6905%9/1/10$39.555.4385%10/1/10$39.19-0.9102%11/1/10$40.864.2613%12/1/10$40.57-0.7097%1/3/11$41.181.5036%2/1/11$41.360.4371%3/1/11$42.903.7234%4/1/11$46.779.0210%5/2/11$49.175.1315%6/1/11$49.450.5695%7/1/11$47.86-3.2154%8/1/11$47.55-0.6477%9/1/11$42.94-9.6951%10/3/11$48.6213.2278%11/1/11$46.14-5.1008%12/1/11$45.30-1.8205%1/3/12$48.346.7108%2/1/12$50.995.4820%3/1/12$55.789.3940%4/2/12$58.244.4102%5/1/12$54.01-7.2630%6/1/12$56.314.2585%7/2/12$56.02-0.5150%8/1/12$56.591.0175%9/4/12$55.19-2.4739%10/1/12$54.52-1.2140%11/1/12$54.45-0.1284%12/3/12$55.992.8283%1/2/13$57.482.6612%2/1/13$60.755.6889%3/1/13$65.948.5432%4/1/13$67.071.7137%5/1/13$74.2210.6605%6/3/13$73.29-1.2530%7/1/13$72.54-1.0233%8/1/13$70.71-2.5227%9/3/13$74.265.0205%10/1/13$80.688.6453%11/1/13$84.634.8959%12/2/13$89.495.7426%1/2/14$84.07-6.0565%2/3/14$90.267.3629%3/3/14$89.03-1.3627%4/1/14$86.68-2.6396%5/1/14$90.714.6493%6/2/14$94.053.6821%7/1/14$87.48-6.9856%8/1/14$89.021.7604%9/2/14$87.02-2.2467%10/1/14$89.693.0683%11/3/14$92.152.7428%12/1/14$92.770.6728%1/2/15$80.69-13.0215%

InsuranceThe Allstate CorporationSymbol:ALLTask 2Task 3aTask 3bTask 4aTask 4bTask 5Adjusted CloseMonthly ReturnsAve. Monthly rAve. Annual rs (Monthly Rtns)s (Annualized)DateCV2/1/10$27.561.7039%20.4463%5.0483%17.4879%0.85533/1/10$28.674.0276%4/1/10$28.991.1161%5/3/10$27.36-5.6226%6/1/10$25.67-6.1769%7/1/10$25.23-1.7141%8/2/10$24.84-1.5458%9/1/10$28.3914.2915%10/1/10$27.44-3.3462%11/1/10$26.37-3.8994%12/1/10$28.889.5184%1/3/11$28.21-2.3199%2/1/11$28.792.0560%3/1/11$28.980.6600%4/1/11$30.866.4872%5/2/11$28.81-6.6429%6/1/11$28.03-2.7074%7/1/11$25.45-9.2044%8/1/11$24.29-4.5580%9/1/11$21.94-9.6748%10/3/11$24.3911.1668%11/1/11$25.022.5830%12/1/11$25.602.3181%1/3/12$26.955.2734%2/1/12$29.368.9425%3/1/12$30.975.4837%4/2/12$31.351.2270%5/1/12$32.132.4880%6/1/12$33.223.3925%7/2/12$32.47-2.2577%8/1/12$35.509.3317%9/4/12$37.726.2535%10/1/12$38.070.9279%11/1/12$38.761.8125%12/3/12$38.46-0.7740%1/2/13$42.049.3084%2/1/13$44.315.3996%3/1/13$47.256.6351%4/1/13$47.430.3810%5/1/13$46.69-1.5602%6/3/13$46.57-0.2570%7/1/13$49.345.9480%8/1/13$46.62-5.5128%9/3/13$49.185.4912%10/1/13$51.624.9614%11/1/13$53.042.7509%12/2/13$53.300.4902%1/2/14$50.04-6.1163%2/3/14$53.316.5348%3/3/14$55.594.2769%4/1/14$55.950.6476%5/1/14$57.512.7882%6/2/14$57.970.7999%7/1/14$57.70-0.4658%8/1/14$60.985.6846%9/2/14$60.86-0.1968%10/1/14$64.315.6687%11/3/14$67.865.5201%12/1/14$69.953.0799%1/2/15$69.50-0.6433%

UtilitiesSouthern CompanySymbol:SOTask 2Task 3aTask 3bTask 4aTask 4bTask 5Adjusted CloseMonthly ReturnsAve. Monthly rAve. Annual rs (Monthly Rtns)s (Annualized)DateCV2/1/10$25.241.2226%14.6713%3.2360%11.2097%0.76413/1/10$26.344.3582%4/1/10$27.815.5809%5/3/10$26.31-5.3937%6/1/10$26.781.7864%7/1/10$28.797.5056%8/2/10$29.903.8555%9/1/10$30.351.5050%10/1/10$31.232.8995%11/1/10$31.11-0.3842%12/1/10$31.531.3500%1/3/11$31.02-1.6175%2/1/11$31.812.5467%3/1/11$31.810.0000%4/1/11$32.993.7095%5/2/11$33.872.6675%6/1/11$34.120.7381%7/1/11$33.81-0.9086%8/1/11$35.374.6140%9/1/11$36.232.4314%10/3/11$36.941.9597%11/1/11$37.962.7612%12/1/11$40.025.4268%1/3/12$39.39-1.5742%2/1/12$38.61-1.9802%3/1/12$39.251.6576%4/2/12$40.142.2675%5/1/12$40.540.9965%6/1/12$40.890.8633%7/2/12$42.523.9863%8/1/12$40.44-4.8918%9/4/12$41.121.6815%10/1/12$41.791.6294%11/1/12$39.27-6.0302%12/3/12$38.60-1.7061%1/2/13$40.324.4560%2/1/13$41.031.7609%3/1/13$42.784.2652%4/1/13$43.972.7817%5/1/13$40.45-8.0055%6/3/13$40.660.5192%7/1/13$41.321.6232%8/1/13$38.79-6.1229%9/3/13$38.38-1.0570%10/1/13$38.590.5472%11/1/13$38.33-0.6737%12/2/13$38.781.1740%1/2/14$39.391.5730%2/3/14$40.452.6910%3/3/14$41.973.7577%4/1/14$43.784.3126%5/1/14$42.30-3.3805%6/2/14$43.853.6643%7/1/14$42.33-3.4664%8/1/14$43.422.5750%9/2/14$42.68-1.7043%10/1/14$45.857.4274%11/3/14$46.912.3119%12/1/14$48.573.5387%1/2/15$50.163.2736%

Computer HardwareHewlett-Packard CompanySymbol:HPQTask 2Task 3aTask 3bTask 4aTask 4bTask 5Adjusted CloseMonthly ReturnsAve. Monthly rAve. Annual rs (Monthly Rtns)s (Annualized)DateCV2/1/10$46.330.0766%0.9195%10.0045%34.6566%37.69143/1/10$48.564.8133%4/1/10$47.48-2.2241%5/3/10$42.03-11.4785%6/1/10$39.61-5.7578%7/1/10$42.136.3620%8/2/10$35.19-16.4728%9/1/10$38.589.6334%10/1/10$38.55-0.0778%11/1/10$38.45-0.2594%12/1/10$38.680.5982%1/3/11$41.988.5315%2/1/11$40.09-4.5021%3/1/11$37.71-5.9366%4/1/11$37.16-1.4585%5/2/11$34.41-7.4004%6/1/11$33.62-2.2958%7/1/11$32.49-3.3611%8/1/11$24.04-26.0080%9/1/11$20.85-13.2696%10/3/11$24.7118.5132%11/1/11$25.955.0182%12/1/11$24.02-7.4374%1/3/12$26.098.6178%2/1/12$23.60-9.5439%3/1/12$22.33-5.3814%4/2/12$23.213.9409%5/1/12$21.26-8.4016%6/1/12$18.96-10.8184%7/2/12$17.20-9.2827%8/1/12$15.91-7.5000%9/4/12$16.211.8856%10/1/12$13.16-18.8155%11/1/12$12.34-6.2310%12/3/12$13.6710.7780%1/2/13$15.8315.8010%2/1/13$19.3222.0467%3/1/13$23.0119.0994%4/1/13$19.88-13.6028%5/1/13$23.5718.5614%6/3/13$24.082.1638%7/1/13$24.933.5299%8/1/13$21.69-12.9964%9/3/13$20.51-5.4403%10/1/13$23.8116.0897%11/1/13$26.7312.2638%12/2/13$27.482.8058%1/2/14$28.493.6754%2/3/14$29.353.0186%3/3/14$31.948.8245%4/1/14$32.632.1603%5/1/14$33.071.3485%6/2/14$33.400.9979%7/1/14$35.315.7186%8/1/14$37.696.7403%9/2/14$35.33-6.2616%10/1/14$35.731.1322%11/3/14$38.908.8721%12/1/14$40.133.1620%1/2/15$36.13-9.9676%

TransportationDelta Air Lines, Inc.Symbol:DALTask 2Task 3aTask 3bTask 4aTask 4bTask 5Adjusted CloseMonthly ReturnsAve. Monthly rAve. Annual rs (Monthly Rtns)s (Annualized)DateCV2/1/10$12.722.7563%33.0757%10.3188%35.7452%1.08073/1/10$14.3712.9717%4/1/10$11.90-17.1886%5/3/10$13.3712.3529%6/1/10$11.57-13.4630%7/1/10$11.701.1236%8/2/10$10.30-11.9658%9/1/10$11.4611.2621%10/1/10$13.6819.3717%11/1/10$13.47-1.5351%12/1/10$12.41-7.8693%1/3/11$11.49-7.4134%2/1/11$11.07-3.6554%3/1/11$9.65-12.8275%4/1/11$10.225.9067%5/2/11$9.93-2.8376%6/1/11$9.03-9.0634%7/1/11$7.77-13.9535%8/1/11$7.42-4.5045%9/1/11$7.39-0.4043%10/3/11$8.3913.5318%11/1/11$8.00-4.6484%12/1/11$7.97-0.3750%1/3/12$10.3930.3639%2/1/12$9.66-7.0260%3/1/12$9.771.1387%4/2/12$10.7910.4401%5/1/12$11.9210.4727%6/1/12$10.78-9.5638%7/2/12$9.50-11.8738%8/1/12$8.52-10.3158%9/4/12$9.025.8685%10/1/12$9.485.0998%11/1/12$9.853.9030%12/3/12$11.6918.6802%1/2/13$13.6817.0231%2/1/13$14.052.7047%3/1/13$16.2615.7295%4/1/13$16.883.8130%5/1/13$17.745.0948%6/3/13$18.433.8895%7/1/13$20.9113.4563%8/1/13$19.49-6.7910%9/3/13$23.3019.5485%10/1/13$26.0511.8026%11/1/13$28.6910.1344%12/2/13$27.19-5.2283%1/2/14$30.3011.4380%2/3/14$32.948.7129%3/3/14$34.374.3412%4/1/14$36.536.2846%5/1/14$39.658.5409%6/2/14$38.46-3.0013%7/1/14$37.21-3.2501%8/1/14$39.425.9393%9/2/14$36.00-8.6758%10/1/14$40.0611.2778%11/3/14$46.5816.2756%12/1/14$49.095.3886%1/2/15$47.21-3.8297%

LeisureCarnival CorportationSymbol:CCLTask 2Task 3aTask 3bTask 4aTask 4bTask 5Adjusted CloseMonthly ReturnsAve. Monthly rAve. Annual rs (Monthly Rtns)s (Annualized)DateCV2/1/10$31.320.8409%10.0906%7.5275%26.0759%2.58423/1/10$33.868.1098%4/1/10$36.327.2652%5/3/10$31.64-12.8855%6/1/10$26.41-16.5297%7/1/10$30.2914.6914%8/2/10$27.31-9.8382%9/1/10$33.4522.4826%10/1/10$37.8213.0643%11/1/10$36.27-4.0984%12/1/10$40.4911.6350%1/3/11$39.26-3.0378%2/1/11$37.67-4.0499%3/1/11$33.86-10.1141%4/1/11$33.61-0.7383%5/2/11$34.482.5885%6/1/11$33.43-3.0452%7/1/11$29.58-11.5166%8/1/11$29.580.0000%9/1/11$27.14-8.2488%10/3/11$31.5316.1754%11/1/11$29.97-4.9477%12/1/11$29.46-1.7017%1/3/12$27.26-7.4678%2/1/12$27.561.1005%3/1/12$29.195.9144%4/2/12$29.571.3018%5/1/12$29.43-0.4735%6/1/12$31.436.7958%7/2/12$30.52-2.8953%8/1/12$32.044.9803%9/4/12$33.665.0562%10/1/12$34.993.9513%11/1/12$35.952.7436%12/3/12$34.65-3.6161%1/2/13$36.495.3102%2/1/13$33.94-6.9882%3/1/13$32.55-4.0955%4/1/13$32.750.6144%5/1/13$31.64-3.3893%6/3/13$32.783.6030%7/1/13$35.407.9927%8/1/13$34.74-1.8644%9/3/13$31.42-9.5567%10/1/13$33.356.1426%11/1/13$35.014.9775%12/2/13$38.9411.2254%1/2/14$37.99-2.4397%2/3/14$38.691.8426%3/3/14$36.93-4.5490%4/1/14$38.353.8451%5/1/14$39.302.4772%6/2/14$36.97-5.9288%7/1/14$35.56-3.8139%8/1/14$37.445.2868%9/2/14$39.706.0363%10/1/14$39.68-0.0504%11/3/14$43.9010.6351%12/1/14$45.072.6651%1/2/15$43.71-3.0175%

Task 6(4 Stocks)Task 6 (4 Stock Portfolio)Task 6aRealized Portfolio Return for Last YearStock# of SharesInitial Stock PriceEnding Stock PriceEnding Stock ValueWeight (by value)Realized Return (r)Weighted r

The Allstate Corporation300$27.56$69.50$20,850.0028.1367%152.1771%42.818%Southern Company350$25.24$50.16$17,556.0023.6915%98.7322%23.391%Hewlett-Packard Company400$46.33$36.13$14,452.0019.5027%-22.0160%-4.294%Delta Air Lines, Inc.450$12.72$47.21$21,244.5028.6691%271.1478%77.736% Ending Portfolio Value:$74,102.50Realized rP:139.6506%

Task 6bExpected Portfolio Return for Upcoming YearStock# of SharesInitial Stock PriceInitial ValueWeight (by value)Expected Return (r)Weighted r

The Allstate Corporation300$80.69$24,207.0028.5277%20.4463%5.83%Southern Company350$69.50$24,325.0028.6667%14.6713%4.21%Hewlett-Packard Company400$50.16$20,064.0023.6452%0.9195%0.22%Delta Air Lines, Inc.450$36.13$16,258.5019.1604%33.0757%6.34%Portfolio Value:$84,854.50E(rP):16.5935%

1 Feb 10 Closing Price 1 Feb 15 Closing Price

Task 6(18 Stocks)Task 6 (18 Stock Portfolio)

Task 6aRealized Portfolio Return for Last YearStock# of SharesInitial Stock PriceEnding Stock PriceEnding Stock ValueWeight (by value)Realized Return (r)Weighted r

CVS Health Corporation100$31.45$98.16$9,816.009.2309%212.1145%19.5800%Caterpillar Inc.100$50.67$79.97$7,997.007.5203%57.8251%4.3486%Meritage Homes Corp.100$21.39$36.41$3,641.003.4240%70.2197%2.4043%Time Warner Inc.100$24.77$77.60$7,760.007.2974%213.2822%15.5641%Kohl's Corp.100$48.59$59.72$5,972.005.6160%22.9059%1.2864%AT&T100$18.85$32.92$3,292.003.0958%74.6419%2.3107%Exxon Mobil Corportation100$57.02$86.77$8,677.008.1598%52.1747%4.2573%Honda Motor100$34.45$30.22$3,022.002.8419%-12.2787%-0.3489%BHP Billiton plc 100$52.08$43.69$4,369.004.1086%-16.1098%-0.6619%Pepsico, Inc.100$53.87$93.78$9,378.008.8190%74.0858%6.5336%Universal Corporation100$42.96$40.16$4,016.003.7766%-6.5177%-0.2461%Royal Bank of Canada100$44.55$56.59$5,659.005.3217%27.0258%1.4382%American Express Company100$35.62$80.69$8,069.007.5880%126.5300%9.6011%The Allstate Corporation100$27.56$69.50$6,950.006.5357%152.1771%9.9458%Southern Company100$25.24$50.16$5,016.004.7170%98.7322%4.6572%Hewlett-Packard Company100$46.33$36.13$3,613.003.3976%-22.0160%-0.7480%Delta Air Lines, Inc.100$12.72$47.21$4,721.004.4396%271.1478%12.0378%Carnival Corportation100$31.32$43.71$4,371.004.1104%39.5594%1.6261% Ending Portfolio Value:$106,339.00Realized rP:93.5863%

Task 6bExpected Portfolio Return for Upcoming YearStock# of SharesInitial Stock PriceInitial ValueWeight (by value)Expected Return (r)Weighted r

CVS Health Corporation100$98.16$9,816.009.2309%25.3708%2.3419%Caterpillar Inc.100$79.97$7,997.007.5203%13.5559%1.0194%Meritage Homes Corp.100$36.41$3,641.003.4240%16.3729%0.5606%Time Warner Inc.100$77.60$7,760.007.2974%26.1674%1.9095%Kohl's Corp.100$59.72$5,972.005.6160%6.7610%0.3797%AT&T100$32.92$3,292.003.0958%12.3708%0.3830%Exxon Mobil Corportation100$86.77$8,677.008.1598%9.8383%0.8028%Honda Motor100$30.22$3,022.002.8419%-0.0287%-0.0008%BHP Billiton plc 100$43.69$4,369.004.1086%0.8246%0.0339%Pepsico, Inc.100$93.78$9,378.008.8190%12.0042%1.0587%Universal Corporation100$40.16$4,016.003.7766%2.5927%0.0979%Royal Bank of Canada100$56.59$5,659.005.3217%7.1670%0.3814%American Express Company100$80.69$8,069.007.5880%18.8379%1.4294%The Allstate Corporation100$69.50$6,950.006.5357%20.4463%1.3363%Southern Company100$50.16$5,016.004.7170%14.6713%0.6920%Hewlett-Packard Company100$36.13$3,613.003.3976%0.9195%0.0312%Delta Air Lines, Inc.100$47.21$4,721.004.4396%33.0757%1.4684%Carnival Corportation100$43.71$4,371.004.1104%10.0906%0.4148%Portfolio Value:$106,339.00E(rP):14.3402%

1 Feb 10 Closing Price 1 Feb 15 Closing Price

Task 7 Data (4 Stocks)Task 7 (4 stocks)Price x Wt by SharePrice x Wt by SharePrice x Wt by SharePrice x Wt by SharePrice ALLPrice SOPrice HPQPrice DALPortfolio ValueDate2/1/10$27.56$5.51$25.24$5.89$46.33$12.35$12.72$3.82$27.573/1/10$28.67$5.73$26.34$6.15$48.56$12.95$14.37$4.31$29.144/1/10$28.99$5.80$27.81$6.49$47.48$12.66$11.90$3.57$28.525/3/10$27.36$5.47$26.31$6.14$42.03$11.21$13.37$4.01$26.836/1/10$25.67$5.13$26.78$6.25$39.61$10.56$11.57$3.47$25.427/1/10$25.23$5.05$28.79$6.72$42.13$11.23$11.70$3.51$26.518/2/10$24.84$4.97$29.90$6.98$35.19$9.38$10.30$3.09$24.429/1/10$28.39$5.68$30.35$7.08$38.58$10.29$11.46$3.44$26.4910/1/10$27.44$5.49$31.23$7.29$38.55$10.28$13.68$4.10$27.1611/1/10$26.37$5.27$31.11$7.26$38.45$10.25$13.47$4.04$26.8312/1/10$28.88$5.78$31.53$7.36$38.68$10.31$12.41$3.72$27.171/3/11$28.21$5.64$31.02$7.24$41.98$11.19$11.49$3.45$27.522/1/11$28.79$5.76$31.81$7.42$40.09$10.69$11.07$3.32$27.193/1/11$28.98$5.80$31.81$7.42$37.71$10.06$9.65$2.90$26.174/1/11$30.86$6.17$32.99$7.70$37.16$9.91$10.22$3.07$26.855/2/11$28.81$5.76$33.87$7.90$34.41$9.18$9.93$2.98$25.826/1/11$28.03$5.61$34.12$7.96$33.62$8.97$9.03$2.71$25.247/1/11$25.45$5.09$33.81$7.89$32.49$8.66$7.77$2.33$23.978/1/11$24.29$4.86$35.37$8.25$24.04$6.41$7.42$2.23$21.759/1/11$21.94$4.39$36.23$8.45$20.85$5.56$7.39$2.22$20.6210/3/11$24.39$4.88$36.94$8.62$24.71$6.59$8.39$2.52$22.6011/1/11$25.02$5.00$37.96$8.86$25.95$6.92$8.00$2.40$23.1812/1/11$25.60$5.12$40.02$9.34$24.02$6.41$7.97$2.39$23.251/3/12$26.95$5.39$39.39$9.19$26.09$6.96$10.39$3.12$24.662/1/12$29.36$5.87$38.61$9.01$23.60$6.29$9.66$2.90$24.073/1/12$30.97$6.19$39.25$9.16$22.33$5.95$9.77$2.93$24.244/2/12$31.35$6.27$40.14$9.37$23.21$6.19$10.79$3.24$25.065/1/12$32.13$6.43$40.54$9.46$21.26$5.67$11.92$3.58$25.13Weights (by share)6/1/12$33.22$6.64$40.89$9.54$18.96$5.06$10.78$3.23$24.48Stock A Stock BStock CStock D7/2/12$32.47$6.49$42.52$9.92$17.20$4.59$9.50$2.85$23.858/1/12$35.50$7.10$40.44$9.44$15.91$4.24$8.52$2.56$23.339/4/12$37.72$7.54$41.12$9.59$16.21$4.32$9.02$2.71$24.1720.00%23.33%26.67%30.00%10/1/12$38.07$7.61$41.79$9.75$13.16$3.51$9.48$2.84$23.7211/1/12$38.76$7.75$39.27$9.16$12.34$3.29$9.85$2.96$23.1612/3/12$38.46$7.69$38.60$9.01$13.67$3.65$11.69$3.51$23.851/2/13$42.04$8.41$40.32$9.41$15.83$4.22$13.68$4.10$26.142/1/13$44.31$8.86$41.03$9.57$19.32$5.15$14.05$4.22$27.803/1/13$47.25$9.45$42.78$9.98$23.01$6.14$16.26$4.88$30.454/1/13$47.43$9.49$43.97$10.26$19.88$5.30$16.88$5.06$30.115/1/13$46.69$9.34$40.45$9.44$23.57$6.29$17.74$5.32$30.386/3/13$46.57$9.31$40.66$9.49$24.08$6.42$18.43$5.53$30.757/1/13$49.34$9.87$41.32$9.64$24.93$6.65$20.91$6.27$32.438/1/13$46.62$9.32$38.79$9.05$21.69$5.78$19.49$5.85$30.019/3/13$49.18$9.84$38.38$8.96$20.51$5.47$23.30$6.99$31.2510/1/13$51.62$10.32$38.59$9.00$23.81$6.35$26.05$7.82$33.4911/1/13$53.04$10.61$38.33$8.94$26.73$7.13$28.69$8.61$35.2912/2/13$53.30$10.66$38.78$9.05$27.48$7.33$27.19$8.16$35.191/2/14$50.04$10.01$39.39$9.19$28.49$7.60$30.30$9.09$35.892/3/14$53.31$10.66$40.45$9.44$29.35$7.83$32.94$9.88$37.813/3/14$55.59$11.12$41.97$9.79$31.94$8.52$34.37$10.31$39.744/1/14$55.95$11.19$43.78$10.22$32.63$8.70$36.53$10.96$41.075/1/14$57.51$11.50$42.30$9.87$33.07$8.82$39.65$11.90$42.096/2/14$57.97$11.59$43.85$10.23$33.40$8.91$38.46$11.54$42.277/1/14$57.70$11.54$42.33$9.88$35.31$9.42$37.21$11.16$42.008/1/14$60.98$12.20$43.42$10.13$37.69$10.05$39.42$11.83$44.209/2/14$60.86$12.17$42.68$9.96$35.33$9.42$36.00$10.80$42.3510/1/14$64.31$12.86$45.85$10.70$35.73$9.53$40.06$12.02$45.1111/3/14$67.86$13.57$46.91$10.95$38.90$10.37$46.58$13.97$48.8712/1/14$69.95$13.99$48.57$11.33$40.13$10.70$49.09$14.73$50.751/2/15$69.50$13.90$50.16$11.70$36.13$9.63$47.21$14.16$49.40

Note: The value (price) of the portfolio is a weighted average of the prices of the component stocks. However, we're using a different way to compute the weights for this task. In Task 6 we used "weight by value". For Task 7 we're using "weight by share". The weight of each stock is the number of shares divided by total number of shares in the portfolio (1500). This provides consistent weights throughout the time span in question.= 300/1500

Change "Stock #" heading to a stock ticker symbol. (i.e for Apple Corp. use "AAPL"). Do this for all column headings

Task 7 Chart (4 Stocks)

Task 7 Data (18 Stocks)Task 7 (18 stocks)CATTWXTCCLCVSMTHKSSXOMPortfolio ValueDateHMCBBLPEPUVVRYAXPALLSOHPQDAL2/1/10$1.75$2.82$1.19$1.38$2.70$1.05$3.17$3.17$2.89$2.99$2.39$2.48$1.98$1.53$1.40$2.57$0.71$1.74$37.893/1/10$1.89$3.10$1.17$1.48$2.75$1.09$3.26$3.26$3.25$3.19$2.37$2.67$2.15$1.59$1.46$2.70$0.80$1.88$40.074/1/10$1.92$3.38$1.32$1.57$2.76$1.12$3.30$3.30$2.90$3.15$2.35$2.79$2.40$1.61$1.55$2.64$0.66$2.02$40.735/3/10$1.80$3.02$1.19$1.48$2.55$1.04$2.97$2.97$2.61$3.03$1.85$2.43$2.07$1.52$1.46$2.34$0.74$1.76$36.826/1/10$1.52$2.98$0.90$1.38$2.38$1.04$2.80$2.80$2.44$2.96$1.80$2.21$2.08$1.43$1.49$2.20$0.64$1.47$34.527/1/10$1.60$3.49$0.98$1.50$2.39$1.13$2.93$2.93$2.92$3.16$2.04$2.44$2.33$1.40$1.60$2.34$0.65$1.68$37.508/2/10$1.40$3.26$0.99$1.44$2.35$1.18$2.92$2.92$2.65$3.12$1.64$2.23$2.08$1.38$1.66$1.96$0.57$1.52$35.289/1/10$1.64$3.93$1.09$1.47$2.64$1.25$3.05$3.05$3.08$3.26$1.84$2.43$2.20$1.58$1.69$2.14$0.64$1.86$38.8410/1/10$1.57$3.95$1.02$1.56$2.57$1.26$3.29$3.29$3.41$3.20$1.93$2.51$2.18$1.52$1.74$2.14$0.76$2.10$39.9911/1/10$1.62$4.25$1.05$1.43$2.83$1.23$3.46$3.46$3.43$3.17$1.90$2.52$2.27$1.47$1.73$2.14$0.75$2.02$40.7112/1/10$1.81$4.71$1.23$1.56$2.73$1.30$3.64$3.64$3.88$3.22$1.89$2.46$2.25$1.60$1.75$2.15$0.69$2.25$42.771/3/11$1.79$4.90$1.28$1.52$2.55$1.24$4.01$4.01$3.70$3.17$1.78$2.55$2.29$1.57$1.72$2.33$0.64$2.18$43.232/1/11$1.73$5.20$1.43$1.86$2.70$1.27$4.28$4.28$3.82$3.13$1.97$2.78$2.30$1.60$1.77$2.23$0.62$2.09$45.053/1/11$1.80$5.62$1.34$1.74$2.67$1.38$4.21$4.21$3.88$3.20$2.05$2.94$2.38$1.61$1.77$2.10$0.54$1.88$45.314/1/11$1.90$5.85$1.33$1.84$2.66$1.42$4.40$4.40$4.11$3.43$2.06$3.01$2.60$1.71$1.83$2.06$0.57$1.87$47.055/2/11$2.03$5.37$1.39$1.79$2.68$1.44$4.20$4.20$3.87$3.54$2.00$2.80$2.73$1.60$1.88$1.91$0.55$1.92$45.906/1/11$1.98$5.40$1.25$1.78$2.53$1.43$4.09$4.09$3.83$3.53$1.79$2.73$2.75$1.56$1.90$1.87$0.50$1.86$44.867/1/11$1.92$5.03$1.21$1.72$2.77$1.35$4.01$4.01$3.67$3.21$1.77$2.60$2.66$1.41$1.88$1.81$0.43$1.64$43.108/1/11$1.89$4.63$1.04$1.57$2.35$1.32$3.75$3.75$3.32$3.25$1.96$2.47$2.64$1.35$1.97$1.34$0.41$1.64$40.649/1/11$1.77$3.76$0.84$1.48$2.50$1.32$3.68$3.68$2.64$3.13$1.73$2.21$2.39$1.22$2.01$1.16$0.41$1.51$37.4110/3/11$1.92$4.84$0.99$1.73$2.70$1.37$3.95$3.95$3.13$3.18$2.09$2.39$2.70$1.36$2.05$1.37$0.47$1.75$41.9311/1/11$2.06$5.01$1.21$1.73$2.74$1.36$4.10$4.10$3.07$3.26$2.31$2.25$2.56$1.39$2.11$1.44$0.44$1.67$42.8012/1/11$2.16$4.64$1.29$1.80$2.53$1.42$4.31$4.31$2.90$3.38$2.24$2.49$2.52$1.42$2.22$1.33$0.44$1.64$43.041/3/12$2.22$5.61$1.34$1.85$2.35$1.40$4.26$4.26$3.34$3.34$2.21$2.59$2.69$1.50$2.19$1.45$0.58$1.51$44.692/1/12$2.40$5.87$1.44$1.87$2.54$1.46$4.43$4.43$3.27$3.23$2.26$2.78$2.83$1.63$2.15$1.31$0.54$1.53$45.953/1/12$2.38$5.48$1.50$1.89$2.58$1.49$4.44$4.44$3.10$3.41$2.30$2.87$3.10$1.72$2.18$1.24$0.54$1.62$46.274/2/12$2.38$5.31$1.58$1.88$2.58$1.59$4.42$4.42$3.25$3.39$2.28$2.88$3.24$1.74$2.23$1.29$0.60$1.64$46.695/1/12$2.40$4.53$1.67$1.74$2.36$1.65$4.05$4.05$2.65$3.51$2.25$2.48$3.00$1.79$2.25$1.18$0.66$1.64$43.85Weights (by share)6/1/12$2.49$4.39$1.89$1.95$2.36$1.72$4.41$4.41$2.89$3.66$2.31$2.55$3.13$1.85$2.27$1.05$0.60$1.75$45.65Stock A Stock BStock CStock D7/2/12$2.42$4.38$1.95$1.98$2.58$1.85$4.48$4.48$2.94$3.76$2.29$2.58$3.11$1.80$2.36$0.96$0.53$1.70$46.148/1/12$2.44$4.44$2.07$2.11$2.73$1.79$4.53$4.53$2.97$3.75$2.39$2.82$3.14$1.97$2.25$0.88$0.47$1.78$47.059/4/12$2.59$4.47$2.11$2.31$2.67$1.84$4.74$4.74$3.22$3.69$2.56$2.90$3.07$2.10$2.28$0.90$0.50$1.87$48.565.56%23.33%26.67%30.00%10/1/12$2.49$4.44$2.05$2.21$2.78$1.71$4.73$4.73$3.29$3.61$2.52$2.91$3.03$2.12$2.32$0.73$0.53$1.94$48.1311/1/12$2.50$4.46$1.95$2.42$2.33$1.69$4.60$4.60$3.25$3.66$2.53$3.00$3.03$2.15$2.18$0.69$0.55$2.00$47.5712/3/12$2.60$4.71$2.08$2.45$2.26$1.67$4.52$4.52$3.62$3.59$2.53$3.07$3.11$2.14$2.14$0.76$0.65$1.93$48.341/2/13$2.76$5.18$2.46$2.58$2.43$1.74$4.70$4.70$3.53$3.83$2.79$3.21$3.19$2.34$2.24$0.88$0.76$2.03$51.332/1/13$2.76$4.86$2.25$2.73$2.42$1.80$4.70$4.70$3.25$4.01$2.86$3.20$3.38$2.46$2.28$1.07$0.78$1.89$51.403/1/13$2.97$4.57$2.60$2.96$2.44$1.84$4.73$4.73$3.04$4.18$2.87$3.10$3.66$2.63$2.38$1.28$0.90$1.81$52.714/1/13$3.15$4.48$2.71$3.07$2.49$1.90$4.67$4.67$2.96$4.36$2.98$3.14$3.73$2.64$2.44$1.10$0.94$1.82$53.265/1/13$3.12$4.54$2.63$3.02$2.72$1.77$4.79$4.79$3.01$4.27$3.03$3.09$4.12$2.59$2.25$1.31$0.99$1.76$53.796/3/13$3.10$4.37$2.41$2.99$2.69$1.79$4.78$4.78$2.69$4.36$2.99$3.03$4.07$2.59$2.26$1.34$1.02$1.82$53.077/1/13$3.34$4.42$2.51$3.22$2.83$1.81$4.96$4.96$3.00$4.45$3.20$3.27$4.03$2.74$2.30$1.39$1.16$1.97$55.548/1/13$3.15$4.40$2.22$3.14$2.74$1.74$4.64$4.64$3.05$4.25$2.56$3.24$3.93$2.59$2.16$1.21$1.08$1.93$52.659/3/13$3.08$4.45$2.39$3.42$2.78$1.74$4.58$4.58$3.15$4.27$2.66$3.37$4.13$2.73$2.13$1.14$1.29$1.75$53.6210/1/13$3.40$4.47$2.52$3.57$3.05$1.88$4.77$4.77$3.30$4.51$2.80$3.56$4.48$2.87$2.14$1.32$1.45$1.85$56.7211/1/13$3.65$4.54$2.42$3.42$2.97$1.83$5.01$5.01$3.24$4.53$2.75$3.53$4.70$2.95$2.13$1.49$1.59$1.95$57.7212/2/13$3.90$4.87$2.67$3.63$3.07$1.83$5.43$5.43$3.32$4.48$2.88$3.56$4.97$2.96$2.15$1.53$1.51$2.16$60.361/2/14$3.71$5.07$2.70$3.27$2.74$1.76$4.94$4.94$3.15$4.34$2.73$3.31$4.67$2.78$2.19$1.58$1.68$2.11$57.682/3/14$4.01$5.24$2.68$3.52$3.04$1.68$5.20$5.20$3.43$4.33$3.07$3.48$5.01$2.96$2.25$1.63$1.83$2.15$60.693/3/14$4.10$5.37$2.33$3.42$3.09$1.85$5.27$5.27$3.36$4.54$2.97$3.53$4.95$3.09$2.33$1.77$1.91$2.05$61.224/1/14$4.00$5.73$2.14$3.48$2.98$1.91$5.53$5.53$3.52$4.67$2.93$3.61$4.82$3.11$2.43$1.81$2.03$2.13$62.365/1/14$4.31$5.56$2.23$3.67$2.96$1.89$5.47$5.47$3.41$4.81$2.88$3.72$5.04$3.20$2.35$1.84$2.20$2.18$63.176/2/14$4.14$5.91$2.35$3.86$2.89$1.89$5.47$5.47$3.55$4.90$2.97$3.86$5.23$3.22$2.44$1.86$2.14$2.05$64.187/1/14$4.21$5.51$2.13$4.56$2.94$1.92$5.38$5.38$3.71$4.83$2.82$4.02$4.86$3.21$2.35$1.96$2.07$1.98$63.828/1/14$4.38$5.97$2.29$4.25$3.22$1.89$5.45$5.45$3.46$5.07$2.86$4.05$4.95$3.39$2.41$2.09$2.19$2.08$65.439/2/14$4.39$5.42$1.97$4.14$3.37$1.91$5.15$5.15$3.09$5.14$2.41$3.89$4.83$3.38$2.37$1.96$2.00$2.21$62.7710/1/14$4.75$5.59$2.04$4.38$2.99$1.91$5.29$5.29$2.89$5.31$2.44$3.92$4.98$3.57$2.55$1.99$2.23$2.20$64.3211/3/14$5.06$5.54$2.18$4.71$3.29$1.94$4.99$4.99$2.63$5.53$2.19$4.02$5.12$3.77$2.61$2.16$2.59$2.44$65.7512/1/14$5.33$5.04$2.00$4.73$3.39$1.84$5.10$5.10$2.39$5.25$2.41$3.80$5.15$3.89$2.70$2.23$2.73$2.50$65.581/2/15$5.45$4.44$2.02$4.31$3.32$1.83$4.82$4.82$2.43$5.21$2.23$3.14$4.48$3.86$2.79$2.01$2.62$2.43$62.22

Note: The value (price) of the portfolio is a weighted average of the prices of the component stocks. However, we're using a different way to compute the weights for this task. In Task 6 we used "weight by value". For Task 7 we're using "weight by share". The weight of each stock is the number of shares divided by total number of shares in the portfolio (1500). This provides consistent weights throughout the time span in question.= 300/1500

Change "Stock #" heading to a stock ticker symbol. (i.e for Apple Corp. use "AAPL"). Do this for all column headings

Task 7 Chart (18 Stocks)

Tasks 8&9Tasks 8&9rRFrM1.9700%14.2094%

Four Stock PortfolioStockbrsWeight (by Value)Weighted b The Allstate Corporation0.8312.128702%42.5057%0.05Southern Company0.093.071546%11.1193%0.00Hewlett-Packard Company1.3418.370796%16.1899%0.03Delta Air Lines, Inc.0.528.334488%30.1851%0.03bp0.11rp3.3%

Eighteen Stock PortfolioStockbrsWeight (by Value)Weighted b CVS Health Corporation0.9613.719824%14.5084%0.02Caterpillar Inc.1.1215.678128%1.3523%0.00Meritage Homes Corp.1.7423.266556%0.4609%0.00Time Warner Inc.1.2116.779674%3.7992%0.01Kohl's Corp.1.4419.594736%5.9980%0.01AT&T0.336.009002%5.0068%0.00Exxon Mobil Corportation1.0915.310946%7.6884%0.01Honda Motor0.8812.740672%4.1507%0.01BHP Billiton plc 1.216.657280%2.2450%0.00Pepsico, Inc.0.599.191246%1.6442%0.00Universal Corporation1.722.776980%6.1500%0.01Royal Bank of Canada1.4719.961918%10.3347%0.02American Express Company1.2817.636432%8.5287%0.02The Allstate Corporation0.8312.128702%3.2531%0.00Southern Company0.093.071546%4.1446%0.00Hewlett-Packard Company1.3418.370796%6.8687%0.01Delta Air Lines, Inc.0.528.334488%8.5591%0.01Carnival Corportation0.518.212094%5.3072%0.00bp0.15rp3.751%

rs = rRF + (rM - rRF)bsrp = rRF + (rM - rRF)bprs = rRF + (rM - rRF)bsrp = rRF + (rM - rRF)bp

Task 10

Task 10 Observations & Conclusions

a.The r's computed in Task 3b and Task 8 is different because in Task 3b the returns calculated are individual returns and in Task 8 the returns are calculated for the entire portfolio. The portfolio contains 4 stocks and thus the risk is reduced because of several factorsb.In Task 6 the returns that we have calculated are based on the average rate of return for individual stocks and in Task 9 we have used the Beta Factor which shows the relationship between the market returns and the individual stock returns. Since the 18 stock portfoilo forms a portolio which is diversified and thus is closer to the market portfolio and thus the returns in Task 6 and 9 are closer.c.The return of any investment has an average, which is also theexpected return, but most returns will be different from the average: some will be more, others will be less. The more individual returns deviate from the expected return, the greater the risk and the greater the potential reward. The greater the standard deviation, the greater the risk of an investment.Thecoefficient of variationis a better measure of risk, quantifying the dispersion of an assets returns in relation to the expected return, and, thus, the relative risk of the investment. Hence, the coefficient of variation allows the comparison of different investments.

c