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oee [108]
3 years ago
12

Assume the following information concerning two stocks that make up an index. What is the value-weighted return for the index? (

Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)Price per Share Shares Outstanding Beginning of Year End of YearKirk, Inc. 35,000 $ 63 $ 69 Picard Co. 32,500 113 122
Business
1 answer:
tatuchka [14]3 years ago
8 0

Answer:

8.54%

Explanation:

Current Index value:

= [current total market value of index stocks] ÷ [Base year total market value of index stocks] × Base year index value

= [(69 × 35000) + (122 × 32500)] ÷ [(63 × 35000) + (113 × 32500)] × 100

= 108.54

Return in percent:

= ( 108.54 - 100 ) ÷ 100

= 8.54%

Therefore, the value-weighted return for the index is 8.54%.

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bagirrra123 [75]

Answer:there’s all of them word it differently please

Explanation:

Lesson two unit lab for advertising sales promotion

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5 0
3 years ago
. George worked 52 hours last week. In his job, any hour past 40 hours is considered overtime. His overtime pay is 1.5 times his
stiks02 [169]
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3 0
3 years ago
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3 years ago
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Ierofanga [76]

Answer:

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Explanation:

This will help in planning and adjusting better and be careful.

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hope this helps
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