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24. An analyst gathers the following information for an equal-weighted index comprised of assets Able, Baker, and Charlie: Beginning of period Security End of period
24. An analyst gathers the following information for an equal-weighted index comprised of assets Able, Baker, and Charlie: Beginning of period Security End of period price Total dividends price Able $50.00 $60.00 $5.00 Baker $110.00 $95.00 $1.50 Charlie $105.00 $75.00 $8.00 The total return of the index is closest to: a. -7.04% b. -3.70% c. -1.08%
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