Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What would the index level have been on Oct. 31 if it were a market cap weighted index? Shares Outstanding 30-Sep-21 31-Oct-21 30-Nov-21 (in thousands)

image text in transcribed
What would the index level have been on Oct. 31 if it were a market cap weighted index? Shares Outstanding 30-Sep-21 31-Oct-21 30-Nov-21 (in thousands) QDB $50.00 $55.00 $60.00 2,000 RSH $105.00 $110.00 $105.00 1,000 SLTD $30.00 $28.00 $27.00 40,000 TMGT $106.00 $107.00 $104.00 8,000 a. 187.31 b.190.75 c. 203.83 d. 209.12 What would the index level have been on Oct. 31 if it were a market cap weighted index? Shares Outstanding 30-Sep-21 31-Oct-21 30-Nov-21 (in thousands) QDB $50.00 $55.00 $60.00 2,000 RSH $105.00 $110.00 $105.00 1,000 SLTD $30.00 $28.00 $27.00 40,000 TMGT $106.00 $107.00 $104.00 8,000 a. 187.31 b.190.75 c. 203.83 d. 209.12

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_2

Step: 3

blur-text-image_3

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

Personal Finance An Integrated Approach

Authors: Bernard J. Winger

4th Edition

0198520972, 9780132696302

More Books

Students also viewed these Finance questions

Question

How can analytics aid in objective decision making?

Answered: 1 week ago

Question

2. Do you agree that unions stifle creativity? Why or why not?

Answered: 1 week ago