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An analyst gathers the following information for a market capitalization (value) weighted index comprised of securities MNO, QRS, and XYZ: Stock P 0 () P

An analyst gathers the following information for a market capitalization (value) weighted index comprised of securities MNO, QRS, and XYZ:

Stock

P0 ()

P1 ()

DPS*

Shares Outstanding

MNO

2,500

2,700

100

5,000

QRS

3,500

2,500

150

7,500

XYZ

1,500

1,600

100

10,000

*DPS= Dividends per share

1) What is the total return of the index?

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