Question: USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM #1, #2, #3 Number of shares Closing Prices (per share) Companies outstanding Day T Day T +1
USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM #1, #2, #3 Number of shares Closing Prices (per share) Companies outstanding Day T Day T +1 1 2,000 $30.00 $25.00 2 7,000 55.00 60.00 3 5,000 21.00 25.00 4 4,000 40.00 42.00 Assume that a stock price-weighted index consisted of the four issues with their prices. What are the value stock index for Day T and T + 1, and what is the percentage change? 38.75, 36.25, -6.9 percent 107.48, 106.33, 1.15 percent F2 80 F3 DOO *** F4 F5 F6 F7 F8
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