Instructions: This section contains five (5) questions each worth 25 marks. Please answer any (4) FOUR questions. Question one (1) 25 Marks You are given the following information regarding prices for a sample of stocks: USE THE FOLLOWING INFORMATION FOR THE NEXT THREE PROBLEMS *Split at Close of Day 2 ** Split at Close of Day 3 (a) Calculate a Dow Jones Industrial Index for days 1,2,3 \& 4 . (8 Marks) (b) Calculate the Jamaica Stock Exchange Index for Day 3 if the base period is Day 1 with an initial index value is 100 . (5 Marks) (c) Global Stock Index is a value weighted index with just 2 stocks in the index: ABC stock and XYZ stock. ABC ended 2005 at a price of $55 and had 1 million shares outstanding. XYZ stock ended 2005 at a price of $32 and had 4 million shares outstanding. ABC had a 2 -for-1 split in 2006 at a new price of $27.50. By the end of 2006ABC closed at $29 and XYZ stock closed at $35 for 2006 . Calculate the new value of the index. (12 Marks)