Suppose you calculated the total market value of the stocks in an index over a five-year period:

Question:

Year 1: 4,387 million

Year 2: 4,671 million

Year 3: 5,032 million

Year 4: 4,820 million

Year 5: 5,369 million

Suppose you wanted the index to start at 1,000. What would the reindexed values be?

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...