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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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