Describe an unweighted price index and describe how you would construct such an index. Assume a 20
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Assume a 20 percent price change in GM ($40/share; 50 million shares outstanding) and Coors Brewing ($25/share and 15 million shares outstanding). Explain which stock's change will have the greater impact on this index.
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Investment Analysis and Portfolio Management
ISBN: 978-0538482387
10th Edition
Authors: Frank K. Reilly, Keith C. Brown
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