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A benchmark market value index is comprised of three stocks. Yesterday the three stocks were priced at $12, $20, and $60. The number of outstanding shares for each is 600,000 shares, 500,000 shares, and 200,000 shares, respectively. If the stock prices changed to $16, $18, and $62 today respectively, what is the 1-day rate of return on the index? 5.78 4.35% 6.16% 7.42% An analyst gathers the following data for a Value-weighted index (S&P 500): What is the S&P Index at the beginning of the period? 100% 110.96% 105.26% 120.11% What is the S&P Index at the beginning of the period? 100% 110.96% 105.26% 120.34% What is the percentage of change in the index over the two periods? 10.96% 5.26% 9.8% 20.34% Assume the following buy and sell orders in NYSE: Which of the following is TRUE? George will buy 100 shares from Samuel at $50 Tiffany will buy from Cortland 100 shares at $50 Ashley will buy 100 shares from Kaneisha at $49 Yeming will buy 100 shares from Roderick at $48