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QUESTION 19: Consider an equal-weighted market index composed of three securities. The market prices of those securities on three dates are shown below. Market Price

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QUESTION 19: Consider an equal-weighted market index composed of three securities. The market prices of those securities on three dates are shown below. Market Price Security Date 1 Date 2 Date 3 A $50 $55 $60 B $30 $28 $30 $70 $75 $73 a. What is the return on the index from date 1 to date 2? [3.5%] b. What is the return on the index from date 2 to date 3? [4.5%]

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