Consider the three stocks in the following table. Pt represents price at time t, and Qt represents shares outstanding at time t. Stock C splits two-for-one in the last period

d) A market valueweighted index

e) An equallyweighted index

Po $90 lo 100 P1 $95 Q1 100 P2 $95 Q2 100 STOCK A STOCK B $50 200 $45 200 $45 200 STOCK C $100 200 $110 200 $55 400