There a 4 stocks that make up an index:

Stock Price Number of Shares Outstanding

R $10 100,000

S 20 10,000

V 30 200,000

P 40 50,000

1. If the price of Stock V goes from $30 to $60. What is the percentage increase in the index if it is value-weighted?

2. If the price of Stock S goes from $20 to $40. What is the percentage increase in the index if it is equally-weighted?

Group of answer choices

59.9% : 20.2%

55.7% : 22.4%

74.5% : 19.7%

65.2% : 18.9%