Question: 2. Please answer the question 1) A benchmark index has three stocks priced at $20, $40, and $50. The number of outstanding shares for each
2. Please answer the question 1) A benchmark index has three stocks priced at $20, $40, and $50. The number of outstanding shares for each is 100 shares, 200 shares, and 300 shares, respectively The value weighted index was 100 yesterday and the prices changed to $25, $42, and $55 today. 1) What is the new index value? (20points) II) What is the return on the index? (20points)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
