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1. The 1-year return on a price-weighted index of these three stocks is closest to: A. 12.5%. B. 13.5%. C. 18.0%. 2. The 1-year return
1. The 1-year return on a price-weighted index of these three stocks is closest to:
A. 12.5%.
B. 13.5%.
C. 18.0%.
2. The 1-year return on an equal-weighted index of these three stocks is closest to:
A. 12.0%.
B. 12.5%.
C. 13.5%.
3. The 1-year return on a market capitalization-weighted index of these stocks is closest to:
A. 12.5%.
B. 13.5%.
C. 18.0%.
\begin{tabular}{lcccc} \hline & \multicolumn{2}{c}{ As of January 1 } & \multicolumn{2}{c}{ As of December 31 } \\ \cline { 2 - 5 } & SharePrice & NumberofSharesOutstanding(thousands) & SharePrice & NumberofSharesOutstanding(thousands) \\ \hline Stock A & $22 & 1,500 & $28 & 1,500 \\ Stock B & $40 & 10,000 & $50 & 10,000 \\ Stock C & $34 & 3,000 & $30 & 3,000 \\ \hline \end{tabular}Step by Step Solution
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