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Exhibit 56
Use the Information Below for the Following Problem(S)

Question 72

Multiple Choice

Exhibit 5.6
Use the Information Below for the Following Problem(S)
                                                                                                           Price
 Stack  Number of Shares  Day T  D.y T + 1 Q5,000,0008095R8,000,0006055 S 15,000,0002024\begin{array} { c c c c } \text { Stack } & \text { Number of Shares } & \text { Day T } & \text { D.y T + 1 } \\\hline Q & 5,000,000 & 80 & 95 \\R & 8,000,000 & 60 & 55 \\\text { S } & 15,000,000 & 20 & 24\end{array}
-Refer to Exhibit 5.6.If an equal-weighted index is constructed on Day T with $10,000 in each stock,what is the percentage change in wealth for this index on Day T + 1? Assume a base index value of 100 on Day T.


A) 8.65%
B) 10.14%
C) 15.69%
D) 30.42%
E) 47.08%

Correct Answer:

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