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Mayberry Investment Ltd. Price History MARYBERRY INVESTMENT LTD. Prices Open Closing Price Last Traded Price Volume...

Mayberry Investment Ltd. Price History

MARYBERRY INVESTMENT LTD.

Prices Open

Closing Price

Last Traded Price

Volume Traded (units)

Day 1 -February 3rd, 2020 - Monday

$7.50

$7.46

$7.50

22,803.00

Day 2 -February 4th, 2020 - Tuesday

$7.50

$7.50

$7.50

100

Day 3 -February 5th, 2020 – Wednesday

$8.00

$7.23

$7.50

4,250

Day 4 -February 6th , 2020 - Thursday

$7.20

$7.26

$7.40

2,009

Day 5 -February 7th , 2020 - Friday

$7.40

$7.17

$7.00

37,457

Day 6 -February 10th , 2020 - Monday

$7.17

$7.11

$7.17

2,519

Day 7 -February 11th , 2020 - Tuesday

$7.20

$7.21

$7.21

15,180

Day 8 -February 12th , 2020 – Wednesday

$7.20

$7.21

$7.18

27,730

Day 9 -February 13th , 2020 – Thursday

$7.40

$7.94

$8.10

75,325

Day 10-February 14th, 2020 – Friday

$7.50

$7.50

$7.50

2,991


Question 1

Kindly calculate the Price Weighted Index for Mayberry Investment Ltd. and Value Weighted Index for Mayberry Investment Ltd ( Jamaica )

Solutions

Expert Solution

Computation of Price weighted index

Price weighted index = Sum of member's closing stock prices in index / No. of members in index

Day Closing Price
Day 1 -February 3rd, 2020 - Monday $        7.46
Day 2 -February 4th, 2020 - Tuesday $        7.50
Day 3 -February 5th, 2020 – Wednesday $        7.23
Day 4 -February 6th , 2020 - Thursday $        7.26
Day 5 -February 7th , 2020 - Friday $        7.17
Day 6 -February 10th , 2020 - Monday $        7.11
Day 7 -February 11th , 2020 - Tuesday $        7.21
Day 8 -February 12th , 2020 – Wednesday $        7.21
Day 9 -February 13th , 2020 – Thursday $        7.94
Day 10-February 14th, 2020 – Friday $        7.50
Sum total of closing prices $      73.59
No. of days 10
Price weighted index $        7.36

Computation of Value weighted index

Value weighted index = Sum of (PriceQunatity) / Sum of quantity

= $1,432,544.11 / 190,364

= 7.53

Day Closing Price
(A)
Volume Traded (units)
(B)
Price * Volume
(A) * (B)
Day 1 -February 3rd, 2020 - Monday $        7.46 22,803 $     170,110.38
Day 2 -February 4th, 2020 - Tuesday $        7.50 100 $             750.00
Day 3 -February 5th, 2020 – Wednesday $        7.23 4,250 $        30,727.50
Day 4 -February 6th , 2020 - Thursday $        7.26 2,009 $        14,585.34
Day 5 -February 7th , 2020 - Friday $        7.17 37,457 $     268,566.69
Day 6 -February 10th , 2020 - Monday $        7.11 2,519 $        17,910.09
Day 7 -February 11th , 2020 - Tuesday $        7.21 15,180 $     109,447.80
Day 8 -February 12th , 2020 – Wednesday $        7.21 27,730 $     199,933.30
Day 9 -February 13th , 2020 – Thursday $        7.94 75,325 $     598,080.50
Day 10-February 14th, 2020 – Friday $        7.50 2,991 $        22,432.50
Total             190,364 $ 1,432,544.10

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