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You are given the following information regarding prices for a sample of stocks. PRICE Stock Number of Shares T 7+1 A 2,400,000 $74 $86

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You are given the following information regarding prices for a sample of stocks. PRICE Stock Number of Shares T 7+1 A 2,400,000 $74 $86 10,000,000 24 39. 30,000,000 16 25 B C a. Construct a price-weighted index for these three stocks, and compute the percentage change in the index for the period from 7 to 7+1. Do not round intermediate calculations. Round your answer to two decimal places. % b. Construct a value-weighted index for these three stocks, and compute the percentage change in the index for the period from T to 7+1. Do not round intermediate calculations. Round your answer to two decimal places. % Grade it Now Save & Continue

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