Answered step by step
Verified Expert Solution
Question
1 Approved Answer
An index has three firms and a beginning value of 1000. Please calculate the index return and ending value for 1) equally weighted index, 2)
An index has three firms and a beginning value of 1000. Please calculate the index return and ending value for 1) equally weighted index, 2) price weighted index 3) value weighted index
Begin Price | End Price | Shares | Return | |
Firm A | 100 | 105 | 5 | |
Firm B | 10 | 9 | 1000 | |
Firm C | 50 | 45 | 100 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started