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A All invested in stock in the newly formed companies in August, 2020, as follows: 13 Marles Company Name 0o-Princhased Po - August, 2020 Pr-August,

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A All invested in stock in the newly formed companies in August, 2020, as follows: 13 Marles Company Name 0o-Princhased Po - August, 2020 Pr-August, 2021 LM Lid 1,000 $700 $10.00 NP Lid 2.000 58.00 $12.00 CR Lid 3,000 $9.00 $8.00 NOTES: 0o = number of shares purchased in each company in August, 2020 and still held. Po - price per share paid in August, 2020. P, - price per share on the market in August, 2021 Being new companies, no dividends have yet been paid by any of the above. REQUIRED: (Show answers as percentages, correct to 2 decimal places. Calculate the following rates of return over the year ended August, 2021. On a price-weighted basis of the three stocks. On an equally weighted basis of the three stocks. On a market value basis of the three stocks. 1 it. B. During the 1990-91 recession, the spread or gap between the yields on commercial paper an Treasury bills (T-bills) widened. Explain why this widened spread occurred. [1 mark] search o zo * o AR

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