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Stock price #Shares X Y Z X Y Z Jan 13,2005 20 40 30 1000 2000 1000* Jan 14,2005 25 42 18 1000 2000 2000

Stock price

#Shares

X

Y

Z

X

Y

Z

Jan 13,2005

20

40

30

1000

2000

1000*

Jan 14,2005

25

42

18

1000

2000

2000

Jan 15,2005

27

45

8

1000**

2000

2000

Jan 16,2005

20

40

10

3000

2000

2000

*2:1 Split on Stock Z after Close on Jan. 13, 2005

**3:1 Split on Stock X after Close on Jan. 15, 2005

The base date for index calculations is January 13, 2005

9. Refer to Exhibit 5.2. Calculate a price weighted average for January 13th.

A.32

B.30

C.36.13

D.34

E.None of the above

10. Refer to Exhibit 5.2. What is the divisor at the beginning of January 14th?

A.3.0

B.2.5

C.2.2734

D.1.9375

E.None of the above

11. Refer to Exhibit 5.2. Calculate a price weighted average for January 14th.

A.32

B.30

C.36.13

D.34

E.None of the above

12. Refer to Exhibit 5.2. Calculate a value weighted index for Jan. 13th if the initial index value is 100.

A.111.54

B.100

C.102.31

D.123.07

E.None of the above

13. Refer to Exhibit 5.2. Calculate a value weighted index for Jan. 14th if the initial index value is 100.

A.

100

B.

102.31

C.

123.07

D.

111.54

E.

None of the above

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