Exercise 11.4.1 Verify the following claims: (1) A 1% price change in a lowerpriced stock causes a smaller movement in the price-weighted index than that in a higher-priced stock. (2) A 1% price change in a lower capitalization issue has less of an impact on the capitalization-weighted index than that in a larger capitalization issue. (3) A 1% price change in a lower-priced stock has the same impact on the geometrically weighted index as that in a higher-priced stock.