Show me the steps to solve You are given the following information regarding prices for a sample of stocks.

Price $($$$)$

Stock Number of Shares T T $+1$

A $1,100,0007494$

B $14,000,0002438$

C $26,000,0001624$

Construct an equal$-$weighted index by assuming $$1,000$ is invested in each stock. What is the percentage change in wealth for this portfolio? Do not round intermediate calculations. Round your answer to two decimal places.

Percentage change:

$\%$

Compute the percentage of price change for each of the stocks. Do not round intermediate calculations. Round your answers to two decimal places.

Stock A:

$\%$

Stock B:

$\%$

Stock C:

$\%$

Compute the arithmetic mean of these percentage changes. Do not round intermediate calculations. Round your answer to two decimal places.

Arithmetic average:

$\%$

Compute the geometric mean of the percentage changes in part b$.$ Do not round intermediate calculations. Round your answer to two decimal places.

Geometric average:

$\%$