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Jan. 13, 2005 Jan. 14, 2005 Jan. 15, 2005 Jan. 16, 2005 X 20 25 27 20 Stock Price Y 40 42 45 40

 

Jan. 13, 2005 Jan. 14, 2005 Jan. 15, 2005 Jan. 16, 2005 X 20 25 27 20 Stock Price Y 40 42 45 40 Z 30 18 8 10 X 1000 1000 1000** 3000 # Shares Y 2000 2000 2000 2000 *2:1 Split on Stock Z after Close on Jan. 13, 2005 **3:1 Split on Stock X after Close on Jan. 15, 2005 The base date for index calculations is January 13, 2005 Z 1000* 2000 2000 2000 Calculate a price weighted average for January 16th.

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