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QUESTION 2 4 points Save Answer You use the following four stocks to create an index: M, MM, MMM, and MMMM. Their respective total numbers
QUESTION 2 4 points Save Answer You use the following four stocks to create an index: M, MM, MMM, and MMMM. Their respective total numbers of shares outstanding are 160, 125, 82, and 65 millions. The beginning-of-year prices for these stocks were $45, $80, $123, and $120, and the end-of-year prices were $56, $76, $117, and $132, respectively. What is the return on your value-weighted index? A. 4.41% B. 7.06% C. 1.59% D. 3.53%
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