Calculate the average annual return for both stocks

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Question: The following table contains annual returns for the stocks of Home Depot (HD) and Lowe's (LOW). The returns are calculated using end-of-year prices (adjusted for dividends and stock splits) retrieved from https://www.finance.yahoo.com/. Use Excel to create a spreadsheet that calculates annual portfolio returns for an equally weighted portfolio of HD and LOW. Also, calculate the average annual return for both stocks and the portfolio.

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Reference no: EM131624384

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