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A benchmark price weighted index is comprised of 3 stocks. Yesterday the three stocked were priced at $12, $20, and $60. The number of outstanding

A benchmark price weighted index is comprised of 3 stocks. Yesterday the three stocked were priced at $12, $20, and $60. The number of outstanding shares for each is 600,000 shares, 500000 shares, and 200000 shares, respectively. If the stock prices changed to $16, $18, and $62 today, what is the rate of return on the price weighted index?

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