Question
Stock A - 2,500,000 shares, T=$62, T+1=$82 Stock B - 10,000,000 shares, T=$26, T+1=$40 Stock C - 27,000,000 shares, T=$19, T+1=$34 A. Construct an equal-weighted
Stock A - 2,500,000 shares, T=$62, T+1=$82
Stock B - 10,000,000 shares, T=$26, T+1=$40
Stock C - 27,000,000 shares, T=$19, T+1=$34
A. 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. ______%
B. 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. _____%
C. Compute the geometric mean of the percentage changes in Part b. Do not round intermediate calculations. Round your answer to two decimal places. _____%
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