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Consider the following stock price and shares outstanding information. December 3 1 , 2 0 2 2 December 3 1 , 2 0 2 3

Consider the following stock price and shares outstanding information.
December 31,2022 December 31,2023
Price ($) Shares
Outstanding Price ($) Shares
Outstanding
Stock K 20101,000,00029101,000,000
Stock M 702,300,000474,600,000a
Stock R 4121,000,0004421,000,000
aStock split two-for-one during the year.
Compute the beginning and ending values for a price-weighted index and a market-value-weighted index. Assume a base value of 100 and 2022 as the base period. Do not round intermediate calculations. Round your answers to two decimal places.
PWI2022:
PWI2023:
VWI2022:
VWI2023:
Compute the percentage change in the value of each index during the year. Do not round intermediate calculations. Round your answers to two decimal places.
Percentage change in PWI:
%
Percentage change in VWI:
%
Compute the percentage change for an unweighted index assuming $1,000 is invested in each stock. Do not round intermediate calculations. Round your answer to two decimal places.
Percentage change:
%

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