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Question 116

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Calculate to the nearest 0.01% your annual percentage loss (on a simple interest basis) if you had bought Apple stock in March, 2000, and sold in January, 2002.  Month  Dec. 1997 Aug. 1999 Mar. 2000 May 2000 Aug. 2000 Dec. 2000 Monthly  Price 33.7016.3112.342130.377.44 Month  Jan. 2002 Mar. 2003 Oct. 2003 Nov. 2004 Feb. 2005 Aug. 2005 Monthly  Price 12.367.0711.4433.5344.8645.74\begin{array} { | l | l | l | l | l | l | l | } \hline \text { Month } & \text { Dec. } 1997 & \text { Aug. } 1999 & \text { Mar. } 2000 & \text { May } 2000 & \text { Aug. } 2000 & \text { Dec. } 2000 \\\hline \begin{array} { l } \text { Monthly } \\\text { Price }\end{array} & 33.70 & 16.31 & 12.34 & 21 & 30.37 & 7.44 \\\hline \text { Month } & \text { Jan. } 2002 & \text { Mar. } 2003 & \text { Oct. } 2003 & \text { Nov. } 2004 & \text { Feb. } 2005 & \text { Aug. } 2005 \\\hline \begin{array} { l } \text { Monthly } \\\text { Price }\end{array} & 12.36 & 7.07 & 11.44 & 33.53 & 44.86 & 45.74 \\\hline\end{array}
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