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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 A B Shares Outstanding

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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 A B Shares Outstanding 4,500 7,000 3,000 Begin Price $ 20 $ 15 $ 28 End Price $ 25 $ 12 $ 35 Multiple Choice 11.11% 07 12 50% 14.29%

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