Roy and John are final year Business Administration students at Ocho Rios Community College. They are interested in researching the Jamaica Stock Market. Their area of focus is the stock market indices. They contact Mr. Wayne Brown, the Marketing Manager of the Jamaica Stock Market, who has committed to meet with them to answer their questions. A. Briefly discuss THREE (3) uses of security market indicator series. (6 marks) You are given the following information regarding prices for stocks of the following firms: B. Stock ScotBank Ltd. Jetvan Ltd PriceLife Ltd. Number of Shares 1,000,000 10,000,000 30,000,000 T 60 20 18 PRICE T+1 80 35 25 i. Construct a price-weighted index for these three stocks and compute the percentage change in the series for the period from T to T+1. (5 marks) ii. Construct a market-value-weighted index for these THREE (3) stocks and compute the percentage change in the series for the period from I to T+1. (5 marks) iii. Based on your answer above, which of these indexes BEST illustrates the movement on the stock market. Give reasons for your answer. (4 marks) (Total 20 marks) Roy and John are final year Business Administration students at Ocho Rios Community College. They are interested in researching the Jamaica Stock Market. Their area of focus is the stock market indices. They contact Mr. Wayne Brown, the Marketing Manager of the Jamaica Stock Market, who has committed to meet with them to answer their questions. A. Briefly discuss THREE (3) uses of security market indicator series. (6 marks) You are given the following information regarding prices for stocks of the following firms: B. Stock ScotBank Ltd. Jetvan Ltd PriceLife Ltd. Number of Shares 1,000,000 10,000,000 30,000,000 T 60 20 18 PRICE T+1 80 35 25 i. Construct a price-weighted index for these three stocks and compute the percentage change in the series for the period from T to T+1. (5 marks) ii. Construct a market-value-weighted index for these THREE (3) stocks and compute the percentage change in the series for the period from I to T+1. (5 marks) iii. Based on your answer above, which of these indexes BEST illustrates the movement on the stock market. Give reasons for your answer. (4 marks) (Total 20 marks)