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Consider the three stocks in the following table. P t represents price at time t , and Q t represents shares outstanding at time t

Consider the three stocks in the following table. Pt represents price at time t, and Qt represents shares outstanding at time t. Stock C splits two-for-one in the last period.

P0 Q0 P1 Q1 P2 Q2
A 94 100 99 100 99 100
B 54 200 49 200 49 200
C 108 200 118 200 59 400

Calculate the first-period rates of return on the following indexes of the three stocks: (Do not round intermediate calculations. Round your answers to 2 decimal places.)

a. A market valueweighted index

Rate of return _________ %

b. An equally weighted index

Rate of return _______ %

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