An analyst gathered the following data about stocks J, K, and L, which together form a valueweighted

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An analyst gathered the following data about stocks J, K, and L, which together form a value‐weighted index:

Stock J K L Price $40 $30 $50 December 31, Year I Shares Outstanding 10,000 6,000 9,000 December 31, Year 2

The ending value‐weighted index (base index=100) is closest to

a. 92.31.

b. 93.64.

c. 106.80.

d. 108.33.

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Investments Analysis And Management

ISBN: 9781118975589

13th Edition

Authors: Charles P. Jones, Gerald R. Jensen

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Question Posted: Dec 24, 2023 01:49 AM

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An analyst gathered the following data about stocks J, K, and L, which together form a valueweighted

Question:

Stock J K L Price $40 $30 $50 December 31, Year I Shares Outstanding 10,000 6,000 9,000 December 31, Year 2 Price Shares Outstanding $50 $20 $40 10,000 12,000* 9,000

Step by Step Answer:

Investments Analysis And Management

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