X Chapter 04: Assignment Security Market Indexes and Index Funds Consider the following stock price and shares outstanding Information, DECEMBER 31, Year 1 DECEMBER 31, Year 2 Shares Shares Price Outstanding Price Outstanding Stock K $23 104,000,000 $30 104,000,000 Stock M 86 2,100,000 49 4,200,000 Stock R 45 26,000,000 47 26,000,000 Stock split two for one during the year. a. Compute the beginning and ending values for a price-weighted index and a market value-weighted index. Assume a base value of 100 and Year 1 as the base period. Do not round intermediate calculations. Round your answers to two decimal places PWY PWY2 VWIyt VWIywa b. Compute the percentage change in the value of each index during the year. Do not round intermediate calculations. Round your answers to two decimal places, Percentage change in PWI 9 Percentage change in VW: 9 c. Compute the percentage change for an unweighted index assuming $1,000 is invested in each stock. Do not round Intermediate calculations. Round your answer to two decimal places