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Consider the three stocks in the following table. Pt represents price at time t, and Q represents shares outstanding at time t. Stock C splits

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Consider the three stocks in the following table. Pt represents price at time t, and Q represents shares outstanding at time t. Stock C splits two-for-one in the last period. 97 47 114 97 47 57 100 200 100 100 92 52 104 8 200 200 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 Rate of return References eBook & Resources Worksheet Leaming Objective: 02-02 Describe the construction of stock market indexes

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