Question: An index is based on two stocks. Using the information below, calculate the index return assuming it is price-weighted. The divisor for the index is
An index is based on two stocks. Using the information below, calculate the index return assuming it is price-weighted. The divisor for the index is two. Stock Initial Price Final Price Shares (in millions) A $15 $20 10 B $50 $45 2 Report your answer as a percentage and to the nearest 0.01% (e.g. enter 3.95% as 3.95).
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
