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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

  1. 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.

    %

  2. 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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