eBook

Problem $4-01$

You are given the following information regarding prices for a sample of stocks.

PRICE

Stock Number of Shares T T $+1$

A $4,000,000$ $$66$ $$86$

B $10,000,0002033$

C $26,000,0001928$

Construct a price$-$weighted index for these three stocks, and compute the percentage change in the index for the period from T to T $+1.$ Do not round intermediate calculations. Round your answer to two decimal places.

$\%$

Construct a value$-$weighted index for these three stocks, and compute the percentage change in the index for the period from T to T $+1.$ Do not round intermediate calculations. Round your answer to two decimal places.

$\%$