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9. Consider the three stocks in the following table. P, represents price at time t, and Q, represents shares outstanding at time t. Stock C

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9. Consider the three stocks in the following table. P, represents price at time t, and Q, represents shares outstanding at time t. Stock C splits two-for-one in the last period. (LO 2-2) Pt 95 45 110 100 200 200 100 200 400 95 90 50 100 100 200 200 45 a. Calculate the rate of return on a price-weighted index of the three stocks for the first period (i 0 to t 1). b. What must happen to the divisor for the price-weighted index in year 2? c. Calculate the rate of return of the price-weighted index for the second period (1o t = 2)

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