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the global stock index is a capitalization-weighted index with just 2 stocks in the index ABC stocks and XYZ stock. ABC ended 2005 at a
the global stock index is a capitalization-weighted index with just 2 stocks in the index ABC stocks and XYZ stock. ABC ended 2005 at a price of 55 dollars and had 1 million shares outstanding XYZ stock ended 2005 at a price of 32 and has 4 million shares outstanding. ABC ended 2006 at a price of 32 (after a 2-for-1 split) XYZ stock closed at 36 for 2006. what is the percentage increase in the index?
a)8.2%
b)9.7%
c)11.3%
d13.66%
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