Question
You want to form a priceweighted technology stock index using Apple, Google, and Microsoft. Apples adjusted closing price for 2021 is $177.57 and for 2020
You want to form a priceweighted technology stock index using Apple, Google, and
Microsoft. Apples adjusted closing price for 2021 is $177.57 and for 2020 is $131.88;
Googles adjusted closing price for 2021 is $2,893.59 and for 2020 is $1,751.88; Microsofts
adjusted closing price for 2021 is $336.32 and for 2020 is $220.57. What is the annual return
for your priceweighted technology stock index for 2021? Enter your answer rounded to two
decimal places. Do not enter % in the answer box. For example, if your answer is 0.12345
or 12.345% then enter as 12.35 in the answer box.
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