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Abenchmark market value Index is comprised of three stocks. Yesterday the three stocks were priced at $24, $34, and $75. The number of outstanding shares
Abenchmark market value Index is comprised of three stocks. Yesterday the three stocks were priced at $24, $34, and $75. The number of outstanding shares for each is 790,000 shares, 690,000 shares, and 390,000 shares, respectively. If the stock prices changed to $28, $32, and $77 today respectively, what is the 1-day rate of return on the Index? 2.48% 3.57% 5.61% 0420%
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