Answer Happy

6.1 Warren Buffett, arguably the most famous investor in the
United States, is the CEO of Berkshire Hathaway (BRK), a company
that has enjoyed great success in temrs of its stock price. Below
are the actual year—end stock prices for BRK-A from 1965 through
2011. (Yes, these are the actual stock prices, believe it or not.)
a. Calculate the return relatives for each year starting in 1966.
Use two decimal places. b. Calculate the arithmetic and geometric
means for these price return relatives, using three decimal places.
c. Calculate the cumulative wealth index for 1966-2011, assuming an
initial investment of $1,000 and $10,000. State the answers without
decimal places.
6.1 Warren Buffett, arguably the most famous investor in the United States, is the CEO of Berkshire Hathaway (BRK), a company that has enjoyed great success in temrs of its stock price. Below are the actual year-end stock prices for BRK-A from 1965 through 2011. (Yes, these are the actual stock prices, believe it or not.) a. Calculate the return relatives for each year starting in 1966. Use two decimal places. b. Calculate the arithmetic and geometric means for these price return relatives, using three decimal places. c. Calculate the cumulative wealth index for 1966-2011, assuming an initial investment of $1,000 and $10,000. State the answers without decimal places. 2. (15 pts. Complete Spreadsheet Exercise 7.2