Please Show Work and round correctly to decimal places requested.

Next Question Deepa Chungi wishes to develop an average, or index, that can be used to measure the general behavior of stock prices over time. She has decided to include6 closely followed, high-quality stocks in the average or index. She plans to use August 15, 1987, her birthday, as the base and is interested in measuring the value of the average or index on August 15, 2013, and August 15, 2016. She has found the closing prices for each of the 6 stocks, A through F, at each of the 3 dates and has calculated a divisor that can be used to adjust for any stock splits, company changes, and so on that have occurred since the base year, which has a divisor equal to 1.00 a. Using the data given in the table, , calculate the market average, using the same methodology used to calculate the Dow averages, at each of the 3 dates-August 15, 1987, 2013, and 2016 b. Using the data given in the table and assuming a base index value of 10 on August 15, 1987, calculate the market index, using the same methodology used to calculate the S&P indexes, at each of the 3 dates c. Use your findings in parts a and b to describe the general market condition-bull or bear-that existed between August 15, 2013, and August 15, 2016 d. Calculate the percentage changes in the average and index values between August 15, 2013, and August 15, 2016. Why do they differ? a. The market average for 1987 is(Round to two decimal places.) The market average for 2013 is (Round to two decimal places.) The market average for 2016 is. (Round to two decimal places.) b. The market index for 1987 is. (Round to two decimal places.) The market index for 2013 is (Round to two decimal places.) The market index for 2016 is (Round to two decimal places.) c. Both the market average and the market index show a general d. The percentage change in the average value is %. (Round to two decimal places.) Click to select your answer(s) | trend, indicating a | market. (Select from the drop-down menus.) Next Question Deepa Chungi wishes to develop an average, or index, that can be used to measure the general behavior of stock prices over time. She has decided to include6 closely followed, high-quality stocks in the average or index. She plans to use August 15, 1987, her birthday, as the base and is interested in measuring the value of the average or index on August 15, 2013, and August 15, 2016. She has found the closing prices for each of the 6 stocks, A through F, at each of the 3 dates and has calculated a divisor that can be used to adjust for any stock splits, company changes, and so on that have occurred since the base year, which has a divisor equal to 1.00 a. Using the data given in the table, , calculate the market average, using the same methodology used to calculate the Dow averages, at each of the 3 dates-August 15, 1987, 2013, and 2016 b. Using the data given in the table and assuming a base index value of 10 on August 15, 1987, calculate the market index, using the same methodology used to calculate the S&P indexes, at each of the 3 dates c. Use your findings in parts a and b to describe the general market condition-bull or bear-that existed between August 15, 2013, and August 15, 2016 d. Calculate the percentage changes in the average and index values between August 15, 2013, and August 15, 2016. Why do they differ? a. The market average for 1987 is(Round to two decimal places.) The market average for 2013 is (Round to two decimal places.) The market average for 2016 is. (Round to two decimal places.) b. The market index for 1987 is. (Round to two decimal places.) The market index for 2013 is (Round to two decimal places.) The market index for 2016 is (Round to two decimal places.) c. Both the market average and the market index show a general d. The percentage change in the average value is %. (Round to two decimal places.) Click to select your answer(s) | trend, indicating a | market. (Select from the drop-down menus.)