Amazon.com Incorporated reported the following stock price at the beginning of each year since 2012. Using 2012 as the base year, develop a simple index for stock prices. Year 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Stock Price to Open Year $ 175.89 256.08 398.80 312.58 656.29 757.92 1,172.00 1,465.20 1,875.00 3,270.00 Click here for the Excel Data File What is the percentage increase in price over the 10-year period? Note: Round your answers to 2 decimal places.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
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ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter2: The Domestic And International Financial Marketplace
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Amazon.com Incorporated reported the following stock price at the beginning
of each year since 2012. Using 2012 as the base year, develop a simple index
for stock prices.
Year
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Year
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Stock Price
to Open
Year
$175.89
256.08
398.80
312.58
656.29
757.92
Click here for the Excel Data File
What is the percentage increase in price over the 10-year period?
Note: Round your answers to 2 decimal places.
1,172.00
1,465.20
1,875.00
3,270.00
Base 2012
Transcribed Image Text:Amazon.com Incorporated reported the following stock price at the beginning of each year since 2012. Using 2012 as the base year, develop a simple index for stock prices. Year 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Year 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Stock Price to Open Year $175.89 256.08 398.80 312.58 656.29 757.92 Click here for the Excel Data File What is the percentage increase in price over the 10-year period? Note: Round your answers to 2 decimal places. 1,172.00 1,465.20 1,875.00 3,270.00 Base 2012
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