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Given the following information concerning three stocks, Stock Price Shares Outstanding A $10 1,000,000 B $14 3,000,000 C $21 10,000,000 a. Construct a simple average,
Given the following information concerning three stocks, Stock Price Shares Outstanding A $10 1,000,000 B $14 3,000,000 C $21 10,000,000 a. Construct a simple average, a value-weighted average, and a geometric average. b. What are averages if each price rises to $11, $17, and $35, respectively? c. What is the percentage increase in each average
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