Question
Consider the following four stocks: Stock Current Share Price (2021) Current Shares Outstanding (2021) Base Year (2001) Share Price Base Year (2001) Market Capitalization Alpha
Consider the following four stocks:
| Stock | Current Share Price (2021) | Current Shares Outstanding (2021) | Base Year (2001) Share Price | Base Year (2001) Market Capitalization |
| Alpha Inc | $45 | 10,000 | $48 | $480,000 |
| Beta Inc | $150 | 15,000 | $133.33 | $2,000,000 |
| Gamma Inc | $705 | 9,000 | $688.89 | $6,200,000 |
| Delta Inc | $95 | 12,000 | $100 | $1,200,000 |
Equal-weighted index constructed with the four stocks is..
Round your answer to 2 decimals
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Finance Markets Investments And Financial Management
Authors: Daisy Scott
1st Edition
1639892001, 9781639892006
