Assume the following three stocks make up the market. Share prices in $ Shares outstanding DATE X
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Question:
Assume the following three stocks make up the market.
Share prices in $ Shares outstanding
DATE X Y Z X Y Z
1 20 40 30 1000 600 800
2 21 44 31 1000 600 800
3 19 23* 32 1000 1200 800
4 22 24 30 1000 1200 800
*2 for 1 stock split at end of day 2.
Calculate the stock index values for each day using
a)price weighted method.
b)value weighted method.
c)Calculate the daily index rates of returns for indexes determined in (a) and (b).
d)Calculate average daily rates of returns for each index.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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