An index consists of the following securities. What is the ending value-weighted index? You can assume the
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An index consists of the following securities. What is the ending value-weighted index? You can assume the beginning value of the index as 1,000 units.
Stock | # of shares | Beginning Price | Ending Price |
Fly High | 1,200 | $250 | $280 |
Drive By | 750 | $550 | $530 |
Ride In | 2,000 | $55 | $70 |
Related Book For
Financial Institutions Management A Risk Management Approach
ISBN: 978-0071051590
8th edition
Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders
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