Exhibit $5\mathrm{.}5$

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM$($S$)$

$\backslash$table$[[,31-$Dec$-03,31-$Dec$-03,31-$Dec$-04,31-$Dec$-04],[$Stock$,$Price,Shares,Price,Shares$],[$W$,$$$75\mathrm{.}00,10000,$$$50\mathrm{.}00,20000],[x,$$$150\mathrm{.}00,5000,$$$65\mathrm{.}00,10000],[$Y$,$$$25\mathrm{.}00,20000,$$$35\mathrm{.}00,20000],[Z,$$$40\mathrm{.}00,25000,$$$50\mathrm{.}00,25000]]$

Stocks W and X had $2$ for $1$ splits after the close on Dec $31,2003.$

$40.$ Refer to Exhibit $5\mathrm{.}5.$ Calculate the price weighted series for Dec $31,2003,$ prior to the splits.

$\backslash$table$[[$a$.,81\mathrm{.}69],[$b$.,100\mathrm{.}0],[$c$.,72\mathrm{.}5],[$d$.,121\mathrm{.}25],[$e$.,119\mathrm{.}25]]$

ANS: C

Price weighted series Dec $2003=\frac{75+150+25+40}{4}=72\mathrm{.}5$

PTS: $1$

OBJ: Multiple Choice Problem

$41.$ Refer to Exhibit $5\mathrm{.}5.$ Calculate the price weighted series for Dec $31,2003,$ after the splits.

$\backslash$table$[[$a$.,72\mathrm{.}5],[$b$.,100\mathrm{.}0],[$c$.,119\mathrm{.}25],[$d$.,121\mathrm{.}25],[$e$.,81\mathrm{.}69]]$

ANS: A

Post split series $=72\mathrm{.}5=\frac{37\mathrm{.}5+75+25+40}{x}$

The new divisor, $x=2\mathrm{.}4483.$

PTS: $1$

OBJ: Multiple Choice Problem

$42.$ Refer to Exhibit $5\mathrm{.}5.$ Calculate the price weighted series for Dec $31,2004.$

$\backslash$table$[[$a$.,121\mathrm{.}25],[$b$.,119\mathrm{.}25],[$c$.,100\mathrm{.}0],[$d$.,72\mathrm{.}5],[$e$.,81\mathrm{.}69]]$

ANS: E

Price weighted series Dec $2004=\frac{50+65+35+50}{2\mathrm{.}4483}=81\mathrm{.}69$

PTS: $1$

OBJ: Multiple Choice Problem