Question
On the 12th of Oct 2022, the S&P 500 Index was 3577 and on the 23rd of Feb 2023 it was 4012. Calculate, by hand,
On the 12th of Oct 2022, the S&P 500 Index was 3577 and on the 23rd of Feb 2023 it was 4012. Calculate, by hand, the percentage increase of the S&P 500 Index from the 12th of Oct 2022 to the 23rd of Feb 2023. You must provide detailed workings below that show how YOU calculated the answer. Further, your percentage answer must be rounded to two decimal places.
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Case Studies in Finance Managing for Corporate Value Creation
Authors: Robert F. Bruner, Kenneth Eades, Michael Schill
7th edition
007786171X, 77861711, 978-0077861711
