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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? Index Stock Share OS Beginning

An index consists of the following securities and has an index divisor of 3.0. What is the price-weighted index return?

Index Stock Share OS Beginning Share Price Ending Share Price
D 1000 $26 $32
E 4000 $30 $28
F 3000 $19 $22

A. 9.33% B.10.35% C. 11.54% D. 12.33%

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