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Part A. USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S) Stock W X Y Z 31-Dec-03 Price $ 75.00 $150.00 $ 25.00 $ 40.00 31-Dec-03

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Part A. USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S) Stock W X Y Z 31-Dec-03 Price $ 75.00 $150.00 $ 25.00 $ 40.00 31-Dec-03 Shares 10000 5000 20000 25000 31-Dec-04 Price $50.00 $65.00 $35.00 $50.00 31-Dec-04 Shares 20000 10000 20000 25000 Stocks W and X had 2 for 1 splits after the close on Dec 31, 2003. (a) Calculate the price weighted series for Dec 31, 2003, prior to the splits. (2 Marks) (b) Calculate the price weighted series for Dec 31, 2003, after the splits (3 Marks) (c) Calculate the price weighted series for Dec 31, 2004. (2 Marks) (d) Calculate the value weighted index for Dec 31, 2004. Assume a base index value of 100. The base year is Dec 31, 2003. (3 Marks) (e) Calculate the percentage return in the value weighted index for the period Dec 31, 2003 to Dec 31, 2004 (2 Marks)

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