VITY HAVE 7 The following three defense stocks are to be combined into a stock index in January 2019 pups to manager stocks are an appropriate benchmark for his or her performance Assume the index is scaled by a factor of 10 or that he total value of all forms in the market is $5 billion, the index would be used as 500 Boints Douglas Donne Dynamics International Hockwell Share Cette 195 455 20 19 54 23 .. Calculate the initial value of the index if a value weighing schemes used (Round your answer to 2 decimal sec References Index value b. What is the rate of return on this index for the year ending December 31, 2019? For the year ending December 31, 2020" (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) 2019 return 2020 return Prev 7 of 8 Next >