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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 88 100 93 100 93 100
B 48 200 43 200 43 200
C 96 200 106 200 53 400

Calculate the first-period rates of return on the following indexes of the three stocks:

(Do not round intermediate calculations. Round your answer to 2 decimal places and put it in the following format XX.XX. Do NOT record starting 0's.)

a. A market valueweighted index

Rate of return %

b. An equally weighted index

Rate of return %

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