Hi everyone,
I'm having an excel file of 400 companies with monthly returns, but each company has unique starting and ending time horizon. For example, company A data starts in Oct. 2000 and end in Sept. 2005, but company B data starts in Jun. 2001 and end in Nov. 2007. How can I tell Excel to calculate the average monthly return of firms each year given this situation?
Thanks very much in advance!
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