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Exhibit 2 USE IN NATION B W FO FOLLOWING PROELLM(S) Price Day T 80 60 20 Stock Price Day T+1 95 Number of shares 5,000,000

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Exhibit 2 USE IN NATION B W FO FOLLOWING PROELLM(S) Price Day T 80 60 20 Stock Price Day T+1 95 Number of shares 5,000,000 8,000,000 15,000,000 24 12. Refer to Exhibit 2. Calculate a value weighted average for Day T+1. Assume a base index value of 100 on Day T. a) 46.20 b) 53.33 c) 54.12 d) 92.39 e) 108.23 13. Refer to exhibit 2. If an equal-weighted index is constructed on day T with $10,000 in each stock, what is the percentage change in wealth for this index on Day T+1? Assume a base index value of 100 on Day T. a) 8.65% b) 10.14% c) 15.69% d) 30.42% e) 47.08%

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