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3. W3. Given the quotes below, calculate the index value and the percentage daily change for the daily scenarios listed below using a price-weighted index,

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3. W3. Given the quotes below, calculate the index value and the percentage daily change for the daily scenarios listed below using a price-weighted index, value-weighted index, and arithmetic equal-weighted index. Daily Scenarios Day 1: Price-weighted divisor is 3; Base index value is 100 {except for the Price Weighted Index); Day 1 is base year. Day 2: All three stocks increase by 4% Day 3: Security 1 increases by 4% Day 4: Security 2 increases by 4% Day 5: Security 3 increases by 4%

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