Question
You are given the following information regarding prices for a sample of stocks. PRICE Stock Number of Shares T T + 1 A 2,100,000 $66
You are given the following information regarding prices for a sample of stocks. PRICE Stock Number of Shares T T + 1 A 2,100,000 $66 $84 B 12,000,000 22 34 C 26,000,000 18 24 Construct a price-weighted index for these three stocks, and compute the percentage change in the index for the period from T to T + 1. Do not round intermediate calculations. Round your answer to two decimal places. % Construct a value-weighted index for these three stocks, and compute the percentage change in the index for the period from T to T + 1. Do not round intermediate calculations. Round your answer to two decimal places. %
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