Consider the following stock price and shares outstandinginformation.DECEMBER 31, Year 1DECEMBER 31, Year...

Consider the following stock price and shares outstanding information.

	DECEMBER 31, Year 1		DECEMBER 31, Year 2
	Price	Shares Outstanding	Price	Shares Outstanding
Stock K	$18	109,000,000	$33	109,000,000
Stock M	74	2,300,000	49	4,600,000^a
Stock R	35	26,000,000	39	26,000,000
^aStock split two-for-one during the year.

Compute the beginning and ending values for a price-weighted index and a market-value-weighted index. Assume a base value of 100 and Year 1 as the base period. Do not round intermediate calculations. Round your answers to two decimal places.
          PWI_Year
1:
          PWI_Year
2:
          VWI_Year
1:
          VWI_Year
2:
Compute the percentage change in the value of each index during the year. Do not round intermediate calculations. Round your answers to two decimal places.
Percentage change in PWI: %
Percentage change in VWI: %
Compute the percentage change for an unweighted index assuming $1,000 is invested in each stock. Do not round intermediate calculations. Round your answer to two decimal places.
%

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jeff jeffy answered 2 years ago

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