Finance Assignment | Professional Writing
May 30th, 2020
A price-weighted index has three stocks priced at $19, $22, and $33. The number of outstanding shares for each is 100,000 shares, 200,000 shares and 220,000 shares, respectively.
If prices changed to $18, $19, and $39 at t=1 , what is the rate of return of the index for this period?
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