Boran Stockbrokers, Inc., selects four stocks for the purpose of developing its own index of stock market behavior. Prices per share for a 2004 base period, January 2006 and March 2006 follow. Base-year quantities are set on the basis of historical volumns for the four stocks. Use the 2004 base period to compute the Boran index for Jan and March 2006. 1900 Industry Oil Computer Steel Stock 2004 Base Price per Share (5) January 2006 March 2006 2004 Quantity A 35.50 23.50 23.00 100 B 65.00 47.00 48.50 170 C 37.00 30.50 31.50 60 D Real Estate 15.50 7.50 4.75 85 Totals: Average: Index using Averages: PQ/PQ, X-100 Weighted Aggregate Price Indexes PQ 2004 Base PQ January 2006 PQ March 2006