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An index is based on three stocks. Using the information in the table below, calculate the index return assuming it is price-weighted. The divisor for
An index is based on three stocks. Using the information in the table below, calculate the index return assuming it is price-weighted. The divisor for the index is three. Shares (in (millions) 30 1 5 Stock A B C Initial Price Final Price $10 $12 $250 $240 $100 $105 Report your answer as a percentage and to the nearest 0.01% (e.g. enter 3.95% as 3.95). % Type your answer...
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