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Rate of Return on the Index Assignment | Homework For You

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May 27th, 2020

A market value weighted benchmark index has three stocks priced at $12, $33, and $14 today. The number of outstanding shares for each is 350,000 shares, 405,000 shares, and 553,000 shares, respectively. If prices change to $11, $34, and $16 at t=1, what is the rate of return on this index? Get Finance homework help todayHomework For You

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