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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 (2 PO 20 50 60 45 120 90 120 Rate of return P1 21 Rate of return 60 60 35 120 95 120 P2 60 35 50 Calculate the first-period rates of return on the following indexes of the three stocks (t=0 to t= 1): (Do not round intermediate calculations. Round your answers to 2 decimal places.) a. A market-value-weighted index. 100.00 % b. An equally weighted index. 02 102.70% 60 120 240
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