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Day 1 Stock Price Shares A $50 10,000,000 B $70 5,000,000 C $60 12,000,000 The Day 1 price weighted index is $60. Assuming that Stock
| Day 1 | Stock | Price | Shares |
|---|---|---|---|
| A | $50 | 10,000,000 | |
| B | $70 | 5,000,000 | |
| C | $60 | 12,000,000 |
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- The Day 1 price weighted index is $60. Assuming that Stock C has a 3 for 1 stock split and the price of Stock A increases by 5 percent, compute the Day 2 price weighted index. (9 pts)
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- List and briefly discuss 2 important attributes of an index that will be used to benchmark investment portfolios. (6 pts)
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Healthcare Finance An Introduction To Accounting And Financial Management
Authors: Louis Gapenski PhD
3rd Edition
1567932320, 978-1567932324
