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The Newfound Stock Exchange recently commenced operations with 3 stocks as shown in the table below. Security Number of Shares Opening Price Closing Price Zoomer

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The Newfound Stock Exchange recently commenced operations with 3 stocks as shown in the table below. Security Number of Shares Opening Price Closing Price Zoomer Corp. 10 million 40 44 Optimistic Inc. 16 million 76 83 Money 2 Go Ltd. 19 million 38 40 a. Assuming a divisor of 20 million for the market value weighted index and a divisor of 3 for the price weighted index, calculate the percentage change in the market-value weighted index and the percentage change in the price weighted index for the period shown above. (round % to two decimal places) i. Percentage change in the price weighted index = (2 marks) ii. Percentage change in the market value weighted index = (2 marks) b. If Zoomer had split its stock 2:1 during the above period, what would the new divisor be for the price weighted index and what would be the new percentage change in the price weighted index for the above period? (round divisor and % to 2 decimal places). i. Divisor = (1 mark) ii. Percentage change = (2 marks)

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