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1. Consider the following three stocks, their prices (P) and number of shares (Q): P0 Q0 P1 Q1 Bruce 50 500 70 500 Hayes 250

1. Consider the following three stocks, their prices (P) and number of shares (Q):

P0 Q0 P1 Q1

Bruce 50 500 70 500

Hayes 250 100 400 100

Cooper 150 150 50 150

a. What would have been the percentage rate of return for a price-weighted index of the three stocks?

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