Question: Use data from the table below to answer this question: Day 0 Day 1 Price # shares Price # shares Stock A 9 17,000 7
- Use data from the table below to answer this question:
Day 0 Day 1
Price # shares Price # shares
Stock
A 9 17,000 7 17,000
B 18 23,000 10 23,000
C 87 9,000 135 9,000
D 42 12,000 60 12,000
Note: the columns, #shares, on day 0 and day 1 indicate the total share outstanding for each stock.
Suppose we want to construct indices using all four stocks above, and we choose the divisor on day 0 to be 1
Calculate the index level for Equal weighted index on day 0 and on day 1
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