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Examine the two methods for determining the index returns for these three stocks. HPR 15-Feb $ 16-Feb $ A 20.00 15.00 $ $ B 50.00

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Examine the two methods for determining the index returns for these three stocks. HPR 15-Feb $ 16-Feb $ A 20.00 15.00 $ $ B 50.00 $ 40.00 $ 100.00 55.00 Price Weighed Index $ 56.67 51.94 Value Weighted Index 100.00 -8.33% HPR $ 15-Feb $ 180,000.00 Shares 9000 50,000.00 1000 Value $ 10,000.00 $ 240,000.00 100 $ 77.50 -22.50% 16-Feb _$ 135,000.00 Shares 9000 40,000.00 1000 $ 11,000.00 $ 186,000.00 200 * Stock C had a 2/1 stock split after the market close on 2/15. a. In a short sentence, explain precisely why the returns for these indexes are so different. What, specifically, drove the difference in this example? Bonus: What is the implication of these potential differences for measuring portfolio manager performance

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