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 $80
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 $80 $90 B 12,000,000 28 41 C 27,000,000 15 25 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. % Compute the percentage of price change for each of the stocks. Do not round intermediate calculations. Round your answers to two decimal places. Stock A: % Stock B: % Stock C: % Compute the arithmetic mean of these percentage changes. Do not round intermediate calculations. Round your answer to two decimal places. % Compute the geometric mean of the percentage changes in Part b. Do not round intermediate calculations. Round your answer to two decimal places. %
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