Question: Problem 2-19 Consider the three stocks in the following table. P, represents price at outstanding at time t. Stock C splits two-for-one in the last

 Problem 2-19 Consider the three stocks in the following table. P,

Problem 2-19 Consider the three stocks in the following table. P, represents price at outstanding at time t. Stock C splits two-for-one in the last period. tyme t, and Q represents shares O2 100 200 P2 97 47 57 Po 92 52 P 100 200 200 A 100 200 200 97 47 114 400 C 104 a. Calculate the rate of return on a price-weighted index of the three stocks for the first period (t 0 to t (Do not round intermediate calculations. Round your answer to 2 decimal places.) 1). Rate of return % b. What will be the divisor for the price-weighted index in year 2? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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