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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 C
splits twoforone in the last period.
Required:
Calculate the firstperiod rates of return on the following indexes of the three stocks:
Note: Do not round intermediate calculations. Round your answers to decimal places.
a A market valueweighted index
Rate of return
b An equally weighted index
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