Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

This is the formula it can help you with the question A value weighted average weights each stock by its market value the n stocks

image text in transcribed

This is the formula it can help you with the question

image text in transcribed
A value weighted average weights each stock by its market value the n stocks in the average and the S's are the number of shares o Value Average = P1 X S1 + P2 X S2 + ... + Pn XSn S1 + S2 + ... + Sn In reality, averages like the Dow Jones and S+P 500 use a special in the average composition. For your homework you can just use an of the number of shares in the average for value weighted. Also note for this homework assignment that the numbers will chang the next. Averages Worksheet Attached Files: ICA3Averages.pdf (22.828 KB) O n 66 O

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

Financial Management Concepts and Applications

Authors: Stephen Foerster

1st edition

013293664X, 978-0132936644

More Books

Students also viewed these Finance questions

Question

How are leadership theory and styles related to motivation?

Answered: 1 week ago