Question 4 (25 Marks) Part A. USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S) 31-Dec-03 31-Dec-03 31-Dec-04 31-Dec-04 Stock Price Shares Price Shares W S 75.00 10000 $50.00 20000 X $150.00 5000 $65.00 10000 Y S 25.00 20000 $35.00 20000 z $ 40.00 25000 $50.00 25000 Stocks Wand X had 2 for 1 splits after the close on Dec 31, 2003. (a) Calculate the price weighted series for Dec 31, 2003, prior to the splits. (2 Marks) (b) Calculate the price weighted series for Dec 31, 2003, after the splits (3 Marks) (c) Calculate the price weighted series for Dec 31, 2004. (2 Marks) (d) Calculate the value weighted index for Dec 31, 2004. Assume a base index value of 100. The base year is Dec 31, 2003. (3 Marks) (e) Calculate the percentage return in the value weighted index for the period Dec 31, 2003 to Dec 31, 2004. (2 Marks) Part B. You are given the following information regarding prices for a sample of stocks: Stock Price 2013 Price 2010 Price 1994 "base year A $46 S 40 S50 B 37 36 10 20 23 7 D 59 61 26 E 82 70 45 32 30 32 Divisor 0.70 0.72 1.00 (a) Assuming all stocks have the same number of stocks outstanding, calculate the market index for all 3 years using the same methodology used to calculate the Jamaica Stock Market Index. Base index value is 10. (8 Marks) (b) Calculate the percentage changes in the price weighted index values and market weighted index values between 2010 and 2013