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Consider the following: Prices. # of Shares COMPANYABCA. BC Day 1 1223 52500350250 Day 2. 10 2255500* 350250 Day 3 826 51 1000350250** Day 4.
Consider the following:
Prices. # of Shares
COMPANYABCA. BC Day 1 1223 52500350250
Day 2. 10 2255500* 350250
Day 3 826 51 1000350250**
Day 4. 925191000 350750
*Split at Close of Day 2**Split at Close of Day 3
(a) On the basis of a DJIA-type Index, what is the rate of return for the period Day 1-4?
(b) On the basis of a S&P500-type Index, what is the rate of return for the same period?
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