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. Consider the following information on the stock market in a small economy. (LO2) Company Shares Outstanding Price, beginning of year Price, end of year
. Consider the following information on the stock market in a small economy. (LO2)
Company Shares Outstanding Price, beginning of year Price, end of year
1 100 $100 $94
2 1,000 $20 $25
3 10,000 $3 $6
a. Compute a price-weighted stock price index for the beginning of the year and the end of the year. What is the percentage change?
b. Compute a value-weighted stock price index for the beginning of the year and the end of the year. What is the percentage change?
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