Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Dynamic Duo is a value - weighted index with two stocks: A and B . A constituted 7 5 % of the value of

The Dynamic Duo is a value-weighted index with two stocks: A and B. A constituted 75% of the value of the index at the beginning of the year. During the year, A went up 15% and B rose 6%. What was the percentage change in Dynamic Duo index over the year?
Enter your answer as a percentage rounded to one decimal place.
Percentage change =|13.4%||
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Digital Business And Electronic Commerce

Authors: Bernd W Wirtz

1st Edition

3030634817, 9783030634810

More Books

Students also viewed these Finance questions

Question

=+b) Is this an example of the Law of Large Numbers? Explain.

Answered: 1 week ago