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Microsoft Corporation (MSFT) Yearly Returns

Year	Begining Price	Ending Price	Gain or Loss	Percent Gain or Loss
1987	48.25	108.50*	60.25	124.87%
1988	54.25	53.25	-1.00	-1.84%
1989	53.25	87.00	33.75	63.38%
1990	87.00	150.50*	63.50	72.99%
1991	75.25	166.875*	91.625	121.76%
1992	111.25	128.0625*	16.8125	15.11%
1993	85.375	80.625	-4.75	-5.56%
1994	80.625	122.25*	41.625	51.63%
1995	61.125	87.75	26.625	43.56%
1996	87.75	165.25*	77.50	88.32%
1997	82.625	129.25	46.625	56.43%
1998	129.25	277.375*	148.125	114.60%
1999	138.6875	233.50*	94.8125	68.36%
2000	116.75	43.375	-73.375	-62.85%
2001	43.375	66.25	22.875	52.74%
2002	66.25	51.70	-14.55	-21.96%
2003	51.70	54.74*	3.04	5.88%
2004	27.37	26.72	-0.65	-2.37%
2005	26.72	26.15	-0.57	-2.13%
2006	26.15	29.86	3.71	14.19%
2007	29.86	35.60	5.74	19.22%

*The 1987 ending price for Microsoft has been adjusted for a 2 for 1 stock split.
*The 1990 ending price for Microsoft has been adjusted for a 2 for 1 stock split.
*The 1991 ending price for Microsoft has been adjusted for a 3 for 2 stock split.
*The 1992 ending price for Microsoft has been adjusted for a 3 for 2 stock split.
*The 1994 ending price for Microsoft has been adjusted for a 2 for 1 stock split.
*The 1996 ending price for Microsoft has been adjusted for a 2 for 1 stock split.
*The 1998 ending price for Microsoft has been adjusted for a 2 for 1 stock split.
*The 1999 ending price for Microsoft has been adjusted for a 2 for 1 stock split.
*The 2003 ending price for Microsoft has been adjusted for a 2 for 1 stock split.