Question
An index consists of the following securities and has an index divisor of 3.0. What are the value-weighted index changes? Shares Beginning Ending Stock Outstanding
An index consists of the following securities and has an index divisor of 3.0. What are the value-weighted index changes?
Shares Beginning Ending
Stock Outstanding Share Price Share Price
Azusa Industries 3,000 $36 $40 Sun Solar Inc. 4,000 $51 $54 Jacob Inc. 5,000 $18 $16
Group of answer choices
7.00%
6.49%
11.00%
3.48%
4.67%
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Fixed Income Securities Tools For Todays Markets
Authors: Bruce Tuckman, Angel Serrat
4th Edition
1119835550, 978-1119835554
