Question: You are developing a new index fund with $2 million to invest. Calculate the total number of shares you would need to buy in GHI

You are developing a new index fund with $2 million to invest. Calculate the total number of shares you would need to buy in GHI Ltd if you were constructing a value weighted index. Calculate the returns in the year to t+1 for the value weighted index. a. 40,268 shares and 12.42% b. 100,671 shares and 6.91% c. 26,846 shares and 8.82% d. 43,478 shares and 9.72% e. None of the above
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