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.StockIndustryYear 1QuantityPrice per Share ($)Year 1BaseJanuaryYear 3MarchYear 3AOil10029.5024.7522.50BComputer15065.0049.0047.50CSteel7540.0033.0029.50DReal Estate5018.006.503.75-Compute the price relatives for the four stocks making up the Boran index. (Round your answers to one decimal place.)StockPrice Relative January MarchA 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.)

Therefore, Stock January March A 83.90 76.3 B 75.4 73.1 C 82.5…

Answered: Boran Stockbrokers, Inc., selects four…

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	29.50	24.75	22.50
B	Computer	150	65.00	49.00	47.50
C	Steel	75	40.00	33.00	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.)

Stock	Price Relative
	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.)

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