Question $2$

An index consists of the following securities$.$ What is the value$-$weighted index return?

Answer should be formatted as a percent with $2$ decimal places $($e$.$g$.99\mathrm{.}99)$

Question $3$

Logan Enterprises is offering $948$ shares in a Dutch auction IPO. The following bids have been received. What is the clearing price in the auction?

Bidder Quantity Price

Answer should be formatted as a number with two decimal places $($e$.$g$.99\mathrm{.}99).$