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Exhibit 55
Use the Information Below for the Following Problem(S)

Question 62

Multiple Choice

Exhibit 5.5
Use the Information Below for the Following Problem(S)
 Stack  31-Dec-03  Price  31-Dec-03  Shares  31-Dec-04  Price  S1-Dec-04  Shares W$75.0010000$50.0020000X$150.005000$65.0010000Y$250020000$35.0020000Z$20.0025000$50.0025000\begin{array} { c c c c c } \text { Stack } & \begin{array} { c } \text { 31-Dec-03 } \\\text { Price }\end{array} & \begin{array} { c } \text { 31-Dec-03 } \\\text { Shares }\end{array} & \begin{array} { c } \text { 31-Dec-04 } \\\text { Price }\end{array} & \begin{array} { c } \text { S1-Dec-04 } \\\text { Shares }\end{array} \\\hline W & \$ 75.00 & 10000 & \$ 50.00 & 20000 \\X & \$ 150.00 & 5000 & \$ 65.00 & 10000 \\Y & \$ 2500 & 20000 & \$ 35.00 & 20000 \\Z & \$ 20.00 & 25000 & \$ 50.00 & 25000\end{array}
Stocks W and X had 2 for 1 splits after the close on Dec 31, 2003.
-Refer to Exhibit 5.5.Calculate the price weighted series for Dec 31,2004.


A) 121.25
B) 119.25
C) 100.0
D) 72.5
E) 81.69

Correct Answer:

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