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Exhibit 4.1 USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S) Number of shares Closing Prices (per share) Companies outstanding Day T Day T + 1

Exhibit 4.1

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

Number of shares

Closing Prices

(per share)

Companies

outstanding

Day T

Day T + 1

1

2,000

$30.00

$25.00

2

7,000

55.00

60.00

3

5,000

20.00

25.00

4

4,000

40.00

45.00

46.Refer to Exhibit 4.1. Assume that a stock price-weighted indicator consisted of the four issues with their prices. What are the values of the stock indicator for Day T and T + 1, and what is the percentage change?

a.

36.25, 38.75, 6.9 percent

b.

38.75, 36.25,-6.9 percent

c.

100, 106.9, 6.9 percent

d.

107.48, 106.33, 1.15 percent

e.

106.9, 100, 5.7 percent

ANSWER:

a

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