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Mike is searching for a stock to include in his current stock portfolio

Mike is searching for a stock to include in his current stock portfolio. He is interested in Hi-Tech Inc.; he has been impressed with the company’s computer products and believes Hi-Tech is an innovative market player. However. Mike realizes that any time you consider a technology stock, risk is a major concern. The rule he follows is to include only securities with a coefficient of variation of returns below 0.90. Mike has obtained the following price information for the period 2009 through 2012. Hi-Tech stock, being growth-oriented, did not pay any dividends during those 4 years. (please View complete question » Mike is searching for a stock to include in his current stock portfolio. He is interested in Hi-Tech Inc.; he has been impressed with the company’s computer products and believes Hi-Tech is an innovative market player. However. Mike realizes that any time you consider a technology stock, risk is a major concern. The rule he follows is to include only securities with a coefficient of variation of returns below 0.90. Mike has obtained the following price information for the period 2009 through 2012. Hi-Tech stock, being growth-oriented, did not pay any dividends during those 4 years. (please look at uploaded excel) a. Calculate the rate of return for each year, 2009 through 2012, for Hi-Tech stock. Year Stock price Beginning End 2009 $14.36 $21.55 2010 21.55 64.78 2011 64.78 72.38 2012 72.38 91.8 Attachments: Q.-Attachment