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5. The HU Index is a value-weighted index. Below are the stocks which comprise the index: Company September 30, 2019 September 30, 2020 Shares Price
5. The HU Index is a value-weighted index. Below are the stocks which comprise the index: Company September 30, 2019 September 30, 2020 Shares Price per share Shares Price per share outstanding outstanding Konoko Corp 9,800,000 $9.65 29,400,000 $3.41 Setsuna Inc. 46,500,000 $3.20 46,500,000 $3.18 Nodoka Company 148,966,000 $1.45 148,966,000 $1.50 Yue Corporation 48,000,000 $15.27 48,000,000 $15.32 a. The HU Index as of September 30, 2019 was 100.00. Calculate the HU Index as of September 30, 2020, to 2 decimal places. b. Assume instead the HU Index was a price-weighted index which, as of September 30, 2019, was 100.00. During the past year Konoko Corp. had a 3-for-1 stock split. Calculate the new divisor for the price index as of September 30, 2020 to 4 decimal places. c. Calculate the price index as of September 30, 2020 to 2 decimal places. 5. The HU Index is a value-weighted index. Below are the stocks which comprise the index: Company September 30, 2019 September 30, 2020 Shares Price per share Shares Price per share outstanding outstanding Konoko Corp 9,800,000 $9.65 29,400,000 $3.41 Setsuna Inc. 46,500,000 $3.20 46,500,000 $3.18 Nodoka Company 148,966,000 $1.45 148,966,000 $1.50 Yue Corporation 48,000,000 $15.27 48,000,000 $15.32 a. The HU Index as of September 30, 2019 was 100.00. Calculate the HU Index as of September 30, 2020, to 2 decimal places. b. Assume instead the HU Index was a price-weighted index which, as of September 30, 2019, was 100.00. During the past year Konoko Corp. had a 3-for-1 stock split. Calculate the new divisor for the price index as of September 30, 2020 to 4 decimal places. c. Calculate the price index as of September 30, 2020 to 2 decimal places
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