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Consider the three stocks in the following table. Pt represents price at time t, and Ot represents shares outstanding at time t. Stock C splits
Consider the three stocks in the following table. Pt represents price at time t, and Ot represents shares outstanding at time t. Stock C splits two-for-one in the last period. A B PO 89 49 98 Q0 100 200 200 P1 94 44 108 Q1 . 100 200 200 P2 94 44 54 Q2 100 200 400 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 O's.) a. A market value-weighted index Rate of return 1% b. An equally-weighted index Rate of return 1%
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