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n Question 3 5 pts Based on the following stock price and shares outstanding information, assuming the base index value is 100: Dec 31, 2011

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n Question 3 5 pts Based on the following stock price and shares outstanding information, assuming the base index value is 100: Dec 31, 2011 (Base Period) Dec. 31, 2012 (Current Period) Price Shares Outstanding Price Shares Outstanding Stock K 20 100,000,000 21 100,000,000 Stock M 60 2,000,000 68 2,000,000 Stock R 40 25,000,000 48 25,000,000 Calculate the unweighted index in the current period. (Keep 2 decimals) (Reminder: use arithmetic average in this problem)

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