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Consider the three stocks in the following table. P; represents price at time t, and Q: represents shares outstanding at time t Stock C splits

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Consider the three stocks in the following table. P; represents price at time t, and Q: represents shares outstanding at time t Stock C splits two-for-one in the last period. QO E000 100 P1 90 40 100 Q1P2 100 90 200 40 20050 200 Q2 100 200 400 200 a. Calculate the rate of return on a price-weighted index of the three stocks for the first period (r= 0 to r= 1). (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Rate of return

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