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A value-weighted index contains 4 stocks - W, X, Y and Z. The prices and number of shares are shown on the table. What is

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A value-weighted index contains 4 stocks - W, X, Y and Z. The prices and number of shares are shown on the table. What is the percentage change in the index from today to the next day? Today Next Day PPS Shares PPS Shares w $ 60.00 100 $ 60.00 100 $ 25.00 400 $ 24.00 400 Y $ 60.00 200 $ 62.00 200 Z $ 5.00 50 $ 10.00 50 0.8096 1.00% 0.78% 0.98%

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