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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

Required:

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

b. An equally weighted index

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