Russell Investment Ltd. has been investing in the local stock market. The board of directors knowledge of modern investment theory and practice is limited on how stock market indexes work and the reasons for the differences among indexes. As the investment analyst, you decided that a discussion of basic understanding of market indexes would be helpful. A. What major factors MUST be considered when constructing security market indicator series. (4 marks) To assist your explanation of how the different market indexes work, the following information regarding prices for a group of stocks on the JSE are made available for 2022. Table 1. Stocks Number of shares Price per share January December A 2 000 120 160 B 20 000 40 70 C 60 000 36 52 i. Construct a price-weighted index for the three stocks, and compute the percentage change in the series for the period from January to December as well as the new index at December 31, 2022. Index at 1 January 2022 is 100. (4 marks) ii. Construct a market-value-weighted index for these three stocks and compute the percentage change in the series for the period from month 1 to month 2. What are the differences, if any, in the result of the two indexes? (6 marks) iii. Construct an equal-weighted index by assuming $10 000 is invested in each stock. What is the percentage change in wealth for this portfolio