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Problem 4-01 You are given the following information regarding prices for a sample of stocks. PRICE Stock Number of Shares T T + 1 A
Problem 4-01
You are given the following information regarding prices for a sample of stocks.
PRICE | ||||||
Stock | Number of Shares | T | T + 1 | |||
A | 1,900,000 | $68 | $84 | |||
B | 12,000,000 | 24 | 34 | |||
C | 28,000,000 | 23 | 28 |
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Construct a price-weighted index for these three stocks, and compute the percentage change in the index for the period from T to T + 1. Do not round intermediate calculations. Round your answer to two decimal places.
%
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Construct a value-weighted index for these three stocks, and compute the percentage change in the index for the period from T to T + 1. Do not round intermediate calculations. Round your answer to two decimal places.
%
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