The following information is available for stocks in four companies as given below:

Company	No. of Shares Outstanding	Closing price Day T	(per share) Day T+1
Fortis	8000	70	75
CIBC	6000	55	50
JFK	1000	60	65
Amazon	7500	80	84.5

A. Construct a price-weighted index for the four stocks. What are the values for DAY T and DAY T+1? What is the percentage change? (5 marks)

B. Construct a market-value-weighted index for the four stocks. Assume that DAY T is the base period and the base value is 50. What is the new index value for DAY T+1 and how has the index changed? (10 marks)

C. If an investor has $10,000 to invest, compute an unweighted price indicator series. What is the percentage change for this portfolio? (5 marks) (Total 20 marks)