Use the following information to answer questions 9 a-c:

Security	No of Shares	Beginning Price	Ending Price	Dividend @ share
A	1000	$100	$102	$2
B	2000	80	84	$1
C	3000	60	61	$1
D	4000	50	55	zero

Q9a. Assuming a price weighted approach, the performance (% change) of the index consisting of the four stocks is %

Q9b Assuming a total return approach, the performance (% change) of the index consisting of the four stocks is %

Q9c. Replicating an S&P type of index, if the beginning index is 3400, the S&P Index by the end of the period will be reported as