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14. Price-Weighted Indeves (LO4, CFA2) Suppose the following three defense stocks are to be combined into a stock index in January 2022 (perhaps a portfolio

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14. Price-Weighted Indeves (LO4, CFA2) Suppose the following three defense stocks are to be combined into a stock index in January 2022 (perhaps a portfolio manager believes these stocks are an appropriate benchmark for their performance): a. Calculate the initial value of the index if a priceraeighting scbeme is used. b. What is the rate of return on this index for the year ending Decomber 31,2022 ? For the year ending December 31,2023

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