An index consists of the following securities. What is the equal-weighted index return? Answer should be formatted

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An index consists of the following securities. What is the equal-weighted index return?

Answer should be formatted as a percent with 2 decimal places (e.g. 99.99)

Stock	Shares Outstanding	Beginning Price	Ending Price
A	5,424	251.7	275.82
B	8,722	50.55	49.23
C	822	150.24	108.72

Related Book For answer-question

Advanced Financial Accounting

ISBN: 978-0078025624

10th edition

Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker

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Posted Date: Jan 02, 2023 11:42 PM

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An index consists of the following securities. What is the equal-weighted index return? Answer should be formatted

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