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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. represents price at time and represents shares outstanding at time Stock
splits two for one in the last period.
Calculate the firstperiod rates of return on the following indexes of the three stocks to : Do not round intermediate
calculations. Round your answers to decimal places.
a A marketvalueweighted index.
Rate of return
b An equally weighted index.
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