1. Three stocks have share prices of $25, $50, and $30 with total market values of $400 million, $250 million, and $150 million, respectively. If you were to construct a market value-weighted index of the three stocks, what would be the index value? 8,500 9,000 9,250 9,500 1)-1 With the above benchmark index, today the prices of three stocks changed to $30, $45 and $35. What would be the new index value? 9,250 9,500 9,750 10,000 1)-2 From the above two questions, what is the 1-day rate of return on the index? 5.25% 5.50% 5.56% 5.72%