Question: Please refer to the data in Table 1 for this question. (1) Suppose we construct a price-weighted index using those three stocks, what's the


Please refer to the data in Table 1 for this question. (1) Suppose we construct a price-weighted index using those three stocks, what's the index return will be? (2) Suppose we define the initial level of the price-weighted index to be 100, what is the final level of this index? Table 1: Data to Construct Stock Price Indices Initial Final Market Value Market Value Stock Initial Final # of Shares Price Price Outstanding AA BB CC $25 $60 $40 $30 $50 $35 300 20 100
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