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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. Stock C

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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. Stock C splits two for one in the last period. P(0)Q(0)P(1) Q(1)P(2) Q(2) A 90 100 95 100 95 100 B 50 200 45 200 45 C100 200 110 200 55 200 400 Calculate the rate of return on a price-weighted index of the three stocks for the first period (t=0 to t=1).

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