You want to form a price-weighted technology stock index using Apple, Google, and Microsoft. Apples adjusted closing
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Question:
You want to form a price-weighted technology stock index using Apple, Google, and Microsoft. Apple’s adjusted closing price for 2021 is $177.57 and for 2020 is $131.88; Google’s adjusted closing price for 2021 is $2,893.59 and for 2020 is $1,751.88; Microsoft’s adjusted closing price for 2021 is $336.32 and for 2020 is $220.57. What is the annual return for your price–weighted technology stock index for 2021?
Enter your answer rounded to two decimal places. Do not enter % in the answer box. For example, if your answer is 0.12345 or 12.345% then enter as 12.35 in the answer box.
Related Book For
Statistics for Business Decision Making and Analysis
ISBN: 978-0321890269
2nd edition
Authors: Robert Stine, Dean Foster
Posted Date: