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Below is the share price, taken annually over the last ten years, and a table of dividends paid over the last ten years, for each Bendigo and Adelaide Bank and Commonwealth Bank.
Using this information, calculate the average return and standard deviation of each.
Date (3)
Commonwealth B)
Bendigo and Adelaidnk ($)
0 June
ank ($
e Ba
1999
24.05
6.20
2000
26.79
4.92
2001
34.15
6.60
2002
32.93
6.80
2003
29.55
8.17
2004
32.58
9.42
2005
37.95
9.87
2006
44.41
12.90
2007
55.25
15.201
2008 2009
40.17 39.00
0.936.95
The salaries paid in 2004 is Rs. 5,00,000; Salaries outstanding is Rs. 20,000; Salaries paid in advance for 2004 is Rs. 30,000. What is the actual salary expenditure for 2004? Wh
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