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.

	P0	Q0	P1	Q1	P2	Q2
A	75	350	80	350	80	350
B	55	800	50	800	50	800
C	60	900	70	900	35	1,800

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