Question: You are given the following information regarding prices for a sample of stocks. PRICE Stock Number of Shares . T +1 A 2,900,000 $68 $80

You are given the following information regarding prices for a sample of stocks. PRICE Stock Number of Shares . T +1 A 2,900,000 $68 $80 B 14,000,000 26 36 25,000,000 17 22 a. Construct an equal-weighted index by assuming $1,000 is invested in each stock. What is the percentage change in wealth for this portfolio? Do not round intermediate calculations. Round your answer to two decimal places % b. Compute the percentage of price change for each of the stocks. Do not round intermediate calculations. Round your answers to two decimal places. Stock A: Stock B Stock C: % Compute the arithmetic mean of these percentage changes. Do not round intermediate calculations. Round your answer to two decimal places. % c. Compute the geometric mean of the percentage changes in Part b. Do not round intermediate calculations. Round your answer to two decimal places. %

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