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Consider the three stocks in the following table. Pt represents price at time t, and O represents shares outstanding at time t Stock C splits
Consider the three stocks in the following table. Pt represents price at time t, and O represents shares outstanding at time t Stock C splits two-for-one in the last period.
82
42
84
100
200
200
P1
87
37
94
91
100
200
200
Ld
87
37
47
92
100
200
400
Check my
Required:
Calculate the first-period rates of return on the following indexes of the three stocks: (Do not round intermediate calculations. Round your answers to 2 decimal places.)
a. A market value--weighted index
Rate of return
b. An equally weighted index
Consider the three stocks in the following table. Pt represents price at time t, and O represents shares outstanding at time t Stock C splits two-for-one in the last period.
82
42
84
100
200
200
P1
87
37
94
91
100
200
200
Ld
87
37
47
92
100
200
400
Check my
Required:
Calculate the first-period rates of return on the following indexes of the three stocks: (Do not round intermediate calculations. Round your answers to 2 decimal places.)
a. A market value--weighted index
Rate of return
b. An equally weighted index
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