Answer questions a through c please.

A popular value-weighted index is constructed out of shares in the two companies shown in the table, below. You have constructed a portfolio that mimics the index starting on Day 1. Answer the questions that follow. a. You created a portfolio on Day 1 to mimic the index. What portfolio weights do you need to have on Day 1 in order to earn a return on your portfolio from Day 1 to Day 2 which is equal to the percentage change in the index? b. What is the return on your mimic portfolio from Day 1 to day 2 based on the weights that you calculated in part a? c. What is the return on the index from Day 1 to Day 2 based on the percentage change in the total value of the stocks in the index? A popular value-weighted index is constructed out of shares in the two companies shown in the table, below. You have constructed a portfolio that mimics the index starting on Day 1. Answer the questions that follow. a. You created a portfolio on Day 1 to mimic the index. What portfolio weights do you need to have on Day 1 in order to earn a return on your portfolio from Day 1 to Day 2 which is equal to the percentage change in the index? b. What is the return on your mimic portfolio from Day 1 to day 2 based on the weights that you calculated in part a? c. What is the return on the index from Day 1 to Day 2 based on the percentage change in the total value of the stocks in the index