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An index consists of the following securities and has an index divisor of 3.0. What is the price-weighted index return? Stock Shares Outstanding Beginning Share
An index consists of the following securities and has an index divisor of 3.0. What is the price-weighted index return?
| Stock | Shares Outstanding | Beginning Share Price | Ending Share Price | ||||||||
| A | 4,000 | $ | 21 | $ | 16 | ||||||
| L | 1,000 | $ | 49 | $ | 61 | ||||||
| S | 3,000 | $ | 37 | $ | 38 | ||||||
Multiple Choice
A. -4.76 percent
B. -2.05 percent
C. 3.09 percent
D. 5.17 percent
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Day Trading For Beginners
Authors: Michael Branson
1st Edition
139353029X, 978-1393530299
