Exhibit 5.5
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Stocks W and X had 2 for 1 splits after the close on Dec 31, 2003.
-Refer to Exhibit 5.5.Calculate the value weighted index for Dec 31,2004.Assume a base index value of 100.The base year is Dec 31,2003.
A) 121.25
B) 100.0
C) 81.69
D) 72.5
E) 120.0
Correct Answer:
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