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Problem 2 - 2 0 ( Algo ) Consider the three stocks in the following table. P t represents price at time t , and
Problem Algo
Consider the three stocks in the following table. represents price at time and represents shares outstanding at time Stock
splits twoforone in the last period.
Required:
Calculate the firstperiod rates of return on the following indexes of the three stocks: Do not round intermediate calculations. Round
your answers to decimal places.
a A market valueweighted index
Answer is complete but not entirely correct.
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