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Problem 2-20 Consider the three stocks the following table. P, represents price at time t, and Q, represents shares outstanding at time f. Stock C
Problem 2-20 Consider the three stocks the following table. P, represents price at time t, and Q, represents shares outstanding at time f. Stock C splits two-for-one in the last period. Q On Pz A 97 10 102 100 02 100 114 124 Calculate the first-period rates of return on the following indexes of the three stocks: (Do not round intermediate calculations. Round your answers to 2 decimal places.) a. A market value-weighted index. Rate of retum b. An equally weighted index. Rate of return 388
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