Consider the three stocks in the following table. $P_t$ represents price at time $t,$ and $Q_t$

represents shares outstanding at time $t.$ Stock $C$ splits two for one in the last period.

Required:

a$.$ Calculate the rate of return on a price$-$weighted index of the three stocks for the first

period to $t=1).$

Note: Do not round intermediate calculations. Round your answer to $2$ decimal

places.

b$.$ Calculate the new divisor for the price$-$weighted index in year $2.$

Note: Do not round intermediate calculations. Round your answer to $2$ decimal

places.

c$.$ Calculate the rate of return for the second period $(t=1$ to $t=2).$

Note: Round your answer to $2$ decimal places.