Question
PRICE Stock Number of Shares T T+1 A 3,200,000 $64 $76 B 13,000,000 24 36 C 27,000,000 20 28 a. Construct an equal-sighted index
PRICE Stock Number of Shares T T+1 A 3,200,000 $64 $76 B 13,000,000 24 36 C 27,000,000 20 28 a. Construct an equal-sighted index by assuming $1,000 is invested in each stock. What is the percentage change in wealth for this portfolio? Do not round intermediate calculations. Round your answer to two decimal places. 36.25 % b. Compute the percentage of price change for each of the stocks. Do not round intermediate calculations. Round your answers to two decimal places. Stock A: 18.75 % Stock B: Stock C: 50.00 % 40.00 % Compute the arithmetic mean of these percentage changes. Do not round intermediate calculations. Round your answer to two decimal places. 36.25 % c. Compute the geometric mean of the percentage changes in Part b. Do not round intermediate calculations. Round your answer to two decimal places. %
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