CFA An analyst gathered the following data about stocks J, K, and L, which together form...
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CFA An analyst gathered the following data about stocks J, K, and L, which together form a value-weighted index: Stock Price c December 31, Year 1 K Shares Outstanding $40 10,000 $30 6,000 $50 9,000 December 31, Year 2 Price Shares Outstanding $50 10,000 $20 12,000* $40 9,000 *2 for 1 stock split The ending value-weighted index (base index = 100) is closest to: CFA An analyst gathered the following data about stocks J, K, and L, which together form a value-weighted index: Stock Price c December 31, Year 1 K Shares Outstanding $40 10,000 $30 6,000 $50 9,000 December 31, Year 2 Price Shares Outstanding $50 10,000 $20 12,000* $40 9,000 *2 for 1 stock split The ending value-weighted index (base index = 100) is closest to:
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Related Book For
Fundamentals of Investments Valuation and Management
ISBN: 978-0078115660
7th edition
Authors: Bradford Jordan, Thomas Miller
Posted Date:
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