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A benchmark index is comprised of three stocks. The prices of the stocks for yesterday and today are in the following table. Stock A has

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A benchmark index is comprised of three stocks. The prices of the stocks for yesterday and today are in the following table. Stock A has a two-to-one split today: a) Calculate the index value at time 1 and the rate of return if you use price-weighted method and assume the divisor for time 1 is 2.6. b) Calculate the rate of return if you use market value-weighted method

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