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Problem 0 8 - 0 3 Consider the following information on the stock market in a small economy.CompanyShares OutstandingPrice, beginning of yearPrice, end of year

Problem 08-03Consider the following information on the stock market in a small economy.CompanyShares OutstandingPrice, beginning of yearPrice, end of year1100$ 100$ 9421,000$ 20$ 25310,000$ 3$ 6Instructions: Enter your responses rounded to one decimal place.Compute a price-weighted stock price index for the beginning of the year and the end of the year. What is the percentage change?The percentage change is %.Compute a value-weighted stock price index for the beginning of the year and the end of the year. What is the percentage change? (Note: The value of a firm is calculated by multiplying the number of its shares by the prices of those shares.)The percentage change is %.

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