Question
An index consists of the following securities. What is the equal-weighted index return? Answer should be formatted as a percent with 2 decimal places (e.g.
An index consists of the following securities. What is the equal-weighted index return?
Answer should be formatted as a percent with 2 decimal places (e.g. 99.99)
Stock | Shares Outstanding | Beginning Price | Ending Price |
A | 5,424 | 251.7 | 275.82 |
B | 8,722 | 50.55 | 49.23 |
C | 822 | 150.24 | 108.72 |
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Advanced Financial Accounting
Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker
10th edition
78025621, 978-0078025624
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