An index consists of the following securities and has an index divisor of 3.0. What is the price-weighted index return? Shares Outstanding 1,000 Beginning Share Price $26 4,000 $30 3,000 $ 19 Index Stock D E F 9.33% O 10.35% 11.54% O 12.33% O 13.00% Ending Share Price $32 $28 $22

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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An index consists of the following securities and has an index divisor of 3.0. What is the price-weighted index return?
Index Stock
Shares Outstanding
1,000
Beginning Share Price
$26
Ending Share Price
4,000
$32
$28
$30
3,000
$19
$ 22
DEF
9.33%
10.35%
11.54%
12.33%
13.00%
Transcribed Image Text:An index consists of the following securities and has an index divisor of 3.0. What is the price-weighted index return? Index Stock Shares Outstanding 1,000 Beginning Share Price $26 Ending Share Price 4,000 $32 $28 $30 3,000 $19 $ 22 DEF 9.33% 10.35% 11.54% 12.33% 13.00%
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