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.
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.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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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.
| Stock | Industry | Year 1 Quantity |
Price per Share ($) | ||
|---|---|---|---|---|---|
| Year 1 Base |
January Year 3 |
March Year 3 |
|||
| A | Oil | 100 | 33.50 | 20.75 | 22.50 |
| B | Computer | 150 | 65.00 | 49.00 | 47.50 |
| C | Steel | 75 | 40.00 | 32.00 | 29.50 |
| D | Real Estate | 50 | 18.00 | 6.50 | 4.75 |
Compute the price relatives for the four stocks making up the Boran index. (Round your answers to one decimal place.)
| Stock | Price Relative | ||
|---|---|---|---|
| Stock | January | March | |
| A | ?? | ? | |
| B | ? | ? | |
| C | ? | ? | |
| 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.)
IJan=??
IMar=??
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