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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

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