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Consider the three stocks in the following table. Pt represents price at time t , and Qt represents shares outstanding at time t . Stock
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.
Stock P Q P Q P Q
A
B
C
Required:
Calculate the firstperiod rates of return on the following indexes of the three stocks t to t :
Note: Do not round intermediate calculations. Round your answers to decimal places.
A marketvalueweighted index.
An equally weighted index.
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