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a) The PICAN (Price-Weighted Index of Companies with Aquatic Names) is a priceweighted stock index, comprised of the five companies shown above. None of the

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a) The PICAN (Price-Weighted Index of Companies with Aquatic Names) is a priceweighted stock index, comprised of the five companies shown above. None of the companies pay dividends. The divisor for the ICAN is 0.20. Calculate the value of the PICAN on January 1, 2021. Calculate the value of the PICAN on January 1, 2022. Calculate the rate of return for the PICAN over this period. b) The VICAN (Value-Weighted Index of Companies with Aquatic Names) is a valueweighted stock index, comprised of the five companies shown above. None of the companies pay dividends. The divisor for the VICAN is 100 million. Calculate the value of the VICAN on January 1, 2021. Calculate the value of the VICAN on January 1,2022 . Calculate the rate of return for the VICAN over this period. a) The PICAN (Price-Weighted Index of Companies with Aquatic Names) is a priceweighted stock index, comprised of the five companies shown above. None of the companies pay dividends. The divisor for the ICAN is 0.20. Calculate the value of the PICAN on January 1, 2021. Calculate the value of the PICAN on January 1, 2022. Calculate the rate of return for the PICAN over this period. b) The VICAN (Value-Weighted Index of Companies with Aquatic Names) is a valueweighted stock index, comprised of the five companies shown above. None of the companies pay dividends. The divisor for the VICAN is 100 million. Calculate the value of the VICAN on January 1, 2021. Calculate the value of the VICAN on January 1,2022 . Calculate the rate of return for the VICAN over this period

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