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Consider a market value-weighted index consisting of Netflix (NFLX) and Disney (DIS). Their price and market value information are provided below: NFLX initial price ($)
Consider a market value-weighted index consisting of Netflix (NFLX) and Disney (DIS). Their price and market value information are provided below:
NFLX initial price ($) = 400
NFLX final price ($) = 415
NFLX initial and final number of shares (billions) = 0.5
DIS initial price ($) = 150
DIS final price ($) = 170
DIS initial and final number of shares (billions) = 1.5
What is the return on the index? Note: Write your answer in decimal (3 or more decimal places). For example, write 0.2544 instead of 25.44%.
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