An investment portfolio consists of four stocks. The purchase price, current price, and number of shares are reported in the following table. (Round your answer to the nearest integer.) Purchase Current Number Stock Price/Share ($) Price/Share ($) of Shares Stock A 1,272.00 1,923.78 600 Stock B 197.87 179.23 300 Stock C 179.23 208.99 400 Stock D 91.18 96.13 200 Construct a weighted average of price relatives as an index of the performance of the portfolio to date. Interpret this price index. The investment portfolio value is up %.

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An investment portfolio consists of four stocks. The purchase price, current price, and number of shares are reported in the following table. (Round your answer to the nearest integer.)
Purchase
Price/Share ($)
Current
Number
Stock
Price/Share ($) of Shares
Stock A
1,272.00
1,923.78
600
Stock B
197.87
179.23
300
Stock C
179.23
208.99
400
Stock D
91.18
96.13
200
Construct a weighted average of price relatives as an index of the performance of the portfolio to date.
I =
Interpret this price index.
The investment portfolio value is up
%.
Transcribed Image Text:An investment portfolio consists of four stocks. The purchase price, current price, and number of shares are reported in the following table. (Round your answer to the nearest integer.) Purchase Price/Share ($) Current Number Stock Price/Share ($) of Shares Stock A 1,272.00 1,923.78 600 Stock B 197.87 179.23 300 Stock C 179.23 208.99 400 Stock D 91.18 96.13 200 Construct a weighted average of price relatives as an index of the performance of the portfolio to date. I = Interpret this price index. The investment portfolio value is up %.
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