Utilizing the price and volume data in Problem 4, a. Calculate a Standard& Poor's Index for days
Question:
a. Calculate a Standard& Poor's Index for days 1 through 5 using a beginning index value of 10.
b. Identify what effects the splits had in determining the next day's index. (Hint: think of the relative weighting of each stock.)
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Related Book For
Investment Analysis and Portfolio Management
ISBN: 978-0538482387
10th Edition
Authors: Frank K. Reilly, Keith C. Brown
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