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You are given the following information regarding prices for a sample of stocks, PRICE Stock Number of Shares i T 7+1 A 3,900,000 $70
You are given the following information regarding prices for a sample of stocks, PRICE Stock Number of Shares i T 7+1 A 3,900,000 $70 $84 B C 14,000,000 29,000,000 28 40 25 39 a. Construct an equal-weighted index by assuming $1,000 is invested in each stock. What is the percentage change in wealth for this portfolio? Do not round Intermediate calculations. Round your answer to two decimal places. 35.52 %
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