Assume a value-weighted series, assume that Day T is the base period and the base value...
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Assume a value-weighted series, assume that Day T is the base period and the base value is 100. What is the new index value for Day T + 1 and what is the percentage change in the index from Day T? Number of shares Companies 1 2 3 4 Outstanding 2,000 7,000 5,000 4,000 Closing Prices Day T $30.00 55.00 20.00 40.00 (Per share) Day T + 1 $25.00 60.00 25.00 45.00 Assume a value-weighted series, assume that Day T is the base period and the base value is 100. What is the new index value for Day T + 1 and what is the percentage change in the index from Day T? Number of shares Companies 1 2 3 4 Outstanding 2,000 7,000 5,000 4,000 Closing Prices Day T $30.00 55.00 20.00 40.00 (Per share) Day T + 1 $25.00 60.00 25.00 45.00
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Lets go through these steps 1 Calculate the market values for each company on Day T and Day T 1 Comp... View the full answer
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