Exhibit 5.6
Use the Information Below for the Following Problem(S)
Price
$$\begin{array} { c c c c }
\text { Stack } & \text { Number of Shares } & \text { Day T } & \text { D.y T + 1 } \
\hline Q & 5,000,000 & 80 & 95 \
R & 8,000,000 & 60 & 55 \
\text { S } & 15,000,000 & 20 & 24
\end{array}$$
-Refer to Exhibit 5.6.Compute the geometric mean of the price change of Stocks Q,R,and S from days T to T + 1.
A) 9.32%
B) 10.14%
C) 15.57%
D) 30.63%
E) 54.37%

Question

Exhibit 5.6
Use the Information Below for the Following Problem(S)
                                                                                                            Price 
$$\begin{array} { c c c c } 
\text { Stack } & \text { Number of Shares } & \text { Day T } & \text { D.y T + 1 } \
\hline Q & 5,000,000 & 80 & 95 \
R & 8,000,000 & 60 & 55 \
\text { S } & 15,000,000 & 20 & 24
\end{array}$$
-Refer to Exhibit 5.6.Compute the geometric mean of the price change of Stocks Q,R,and S from days T to T + 1.
A) 9.32%
B) 10.14%
C) 15.57%
D) 30.63%
E) 54.37%

Quizplus · Accepted Answer

Q%: (95 - 80)/80 = 18.75%
R%: (55 - 60)/60 = -8.33%
S%: (24 - 20)/20 = 20.00%
Geometric Average = [(1.1875)(0.9167)(1.2000)]¹/³ - 1 = 0.0932 or 9.32%

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

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