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Stocks ABC, Q R S , and x Y Z have stock prices at the end of day 0 of $ 3 4 , $
Stocks ABC, and have stock prices at the end of day of $$ and $ respectively. At the end of day their shares outstanding in millions are and respectively. Before trading begins on day Stock XYZ does a threeforone stock split. At the end of day Stocks ABC, and have stock prices of $$ and $ What is the return on a valueweighted index over this twoday period ie from to
Be careful to consider whether you need to incorporate the stock split in your calculations
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