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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
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 |
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?
36.25, 38.75, 6.9 percent | ||
38.75, 36.25, 6.9 percent | ||
100, 106.9, 6.9 percent | ||
107.48, 106.33, 1.15 percent |
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