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Exhibit 5 . 5 USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM ( S ) table [ [ , 3 1 - Dec -

Exhibit 5.5
USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
\table[[,31-Dec-03,31-Dec-03,31-Dec-04,31-Dec-04],[Stock,Price,Shares,Price,Shares],[W,$75.00,10000,$50.00,20000],[x,$150.00,5000,$65.00,10000],[Y,$25.00,20000,$35.00,20000],[Z,$40.00,25000,$50.00,25000]]
Stocks W and X had 2 for 1 splits after the close on Dec 31,2003.
40. Refer to Exhibit 5.5. Calculate the price weighted series for Dec 31,2003, prior to the splits.
\table[[a.,81.69],[b.,100.0],[c.,72.5],[d.,121.25],[e.,119.25]]
ANS: C
Price weighted series Dec 2003=75+150+25+404=72.5
PTS: 1
OBJ: Multiple Choice Problem
41. Refer to Exhibit 5.5. Calculate the price weighted series for Dec 31,2003, after the splits.
\table[[a.,72.5],[b.,100.0],[c.,119.25],[d.,121.25],[e.,81.69]]
ANS: A
Post split series =72.5=37.5+75+25+40x
The new divisor, x=2.4483.
PTS: 1
OBJ: Multiple Choice Problem
42. Refer to Exhibit 5.5. Calculate the price weighted series for Dec 31,2004.
\table[[a.,121.25],[b.,119.25],[c.,100.0],[d.,72.5],[e.,81.69]]
ANS: E
Price weighted series Dec 2004=50+65+35+502.4483=81.69
PTS: 1
OBJ: Multiple Choice Problem
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