Question
Compare the two returns and explain their differences. Explain how you would interpret each measure. Return on a Price-weighted index = (55.44-56.11)/ 56.11 = -0.0119
Compare the two returns and explain their differences. Explain how you would interpret each measure.
Return on a Price-weighted index
= (55.44-56.11)/ 56.11
= -0.0119 OR -1.19%
THE MONTHLY RETURN ON A VALUE-WEIGHTED INDEX =
(257,365,300 289,219,200)/289,219,200 = -0.1101 OR -11.01%
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The House That Bogle Built How John Bogle And Vanguard Reinvented The Mutual Fund Industry
Authors: Lewis Braham
1st Edition
0071749063,0071751157
