Problem $2-12($Algo$)$

Consider the three stocks in the following table. $P_t$ represents price at time $t,$ and $Q_t$ represents shares

outstanding at time $t.$ Stock C splits two for one in the last period.

Required:

Calculate the first$-$period rates of return on the following indexes of the three stocks $(t=0$ to $t=1)$:

Note: Do not round intermediate calculations. Round your answers to $2$ decimal places.

a$.$ A market$-$value$-$weighted index.

b$.$ An equally weighted index.