LY ANSWER QUESTION 2) Consider the three stocks in the following table. Pt represents price at time t, and Qt represents shares outstanding at time t. Stock C splits two-for-one in the last period. P0 Q0 P1 Q1 P2 Q2 A 90 100 95 100 95 100 B 50 200 45 200 45 200 C 100 200 110 200 55 400 1. Calculate the rate of return on a price-weighted index of the three stocks for the first period (t = 0 to t = 1). 2. What must happen to the divisor for the price-weighted index in year 2? 3. Calculate the rate of return of the price-weighted index for the second period (t = 1 to t = 2).

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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(ONLY ANSWER QUESTION 2) Consider the three stocks in the following table. Pt represents price at time t, and Qt represents shares outstanding at time t. Stock C splits two-for-one in the last period. P0 Q0 P1 Q1 P2 Q2 A 90 100 95 100 95 100 B 50 200 45 200 45 200 C 100 200 110 200 55 400 1. Calculate the rate of return on a price-weighted index of the three stocks for the first period (t = 0 to t = 1). 2. What must happen to the divisor for the price-weighted index in year 2? 3. Calculate the rate of return of the price-weighted index for the second period (t = 1 to t = 2).

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