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An index is based on two stocks. Using the information below, calculate the index return assuming it is price-weighted. The divisor for the index is
An index is based on two stocks. Using the information below, calculate the index return assuming it is price-weighted. The divisor for the index is two. Stock Initial Price Final Price Shares (in millions) A $15 $20 10 B $50 $45 2 Report your answer as a percentage and to the nearest 0.01% (e.g. enter 3.95% as 3.95)
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