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1. Consider an index that is composed of the four biotechnology stocks in the table below. Calculate the market value- and equal-weighted returns of this
1. Consider an index that is composed of the four biotechnology stocks in the table below. Calculate the market value- and equal-weighted returns of this index during 2021. Adjusted Price End of 2021 Shares Outstanding Ticker Adjusted Price End of 2020 $223.02 AMGN $224.97 576,000,000 BIIB $244.86 $239.92 151,000,000 GILD $55.87 $72.61 1,257,000,000 MRNA $104.47 $253.98 401,000,000
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