Boran Stockbrokers, Inc., selects four stocks for the purpose of developing its own index of stock market behavior. Prices per share for a year 1 base period, January year 3, and March year 3 follow. Base-year quantities are set on the basis of historical volumes for the four stocks. Price per Share ($) Year 1 Quantity Year 1 Base Stock Industry January Year 3 March Year 3 A Oil 100 29.50 24.75 22.50 B Computer 150 65.00 49.00 47.50 Steel 75 40.00 31.00 29.50 D Real Estate 50 18.00 6.50 3.75 Compute the price relatives for the four stocks making up the Boran index. (Round your answers to one decimal place.) Price Relative Stock January March A 2475.0 2250.0 B 7350.0 7125.0 2325.0 22125 325 0 187.5 D Use the weighted average of price relatives to compute the January year 3 and March year 3 Boran indexes. (Round your answers to one decimal place.) I'an - 75.2 IMar 70.9

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Boran Stockbrokers, Inc., selects four stocks for the purpose of developing its own index of stock market behavior. Prices per share for
a year 1 base period, January year 3, and March year 3 follow. Base-year quantities are set on the basis of historical volumes for the
four stocks.
Price per Share ($)
Year 1
Stock
Industry
Quantity
Year 1
March
January
Year 3
Base
Year 3
A
Oil
100
29.50
24.75
22.50
Computer
150
65.00
49.00
47.50
Steel
75
40.00
31.00
29.50
D
Real Estate
50
18.00
6.50
3.75
Compute the price relatives for the four stocks making up the Boran index. (Round your answers to one decimal place.)
Price Relative
Stock
January
March
A
2475.0
2250.0
B
7350.0
7125.0
2325.0
2212.5
D
325.0
187.5
Use the weighted average of price relatives to compute the January year 3 and March year 3 Boran indexes. (Round your answers to
one decimal place.)
IJan
= 75.2
IMar
= 70.9
Transcribed Image Text:Boran Stockbrokers, Inc., selects four stocks for the purpose of developing its own index of stock market behavior. Prices per share for a year 1 base period, January year 3, and March year 3 follow. Base-year quantities are set on the basis of historical volumes for the four stocks. Price per Share ($) Year 1 Stock Industry Quantity Year 1 March January Year 3 Base Year 3 A Oil 100 29.50 24.75 22.50 Computer 150 65.00 49.00 47.50 Steel 75 40.00 31.00 29.50 D Real Estate 50 18.00 6.50 3.75 Compute the price relatives for the four stocks making up the Boran index. (Round your answers to one decimal place.) Price Relative Stock January March A 2475.0 2250.0 B 7350.0 7125.0 2325.0 2212.5 D 325.0 187.5 Use the weighted average of price relatives to compute the January year 3 and March year 3 Boran indexes. (Round your answers to one decimal place.) IJan = 75.2 IMar = 70.9
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