An index consists of the following securities and has an index divisor of 3.0. What is the price-weighted index return?
$\begin{array}{cccc}
\text { Stock } & \text { Shares Outstanding } & \text { Beginning Share Price}&\text{ Ending Share Price } \
\text { A } & 4,000 & \$ 21 & \$ 16 \
\text { L } & 1,000 & \$ 49 & \$ 61 \
\text { S } & 3,000 & \$ 37 & \$ 38
\end{array}$

A)-4.76%
B)-2.05%
C)3.09%
D)5.17%
E)7.48%

Question

An index consists of the following securities and has an index divisor of 3.0. What is the price-weighted index return?
$\begin{array}{cccc}
\text { Stock } & \text { Shares Outstanding } & \text { Beginning Share Price}&\text{ Ending Share Price } \
\text { A } & 4,000 & \$ 21 & \$ 16 \
\text { L } & 1,000 & \$ 49 & \$ 61 \
\text { S } & 3,000 & \$ 37 & \$ 38
\end{array}$

A)-4.76%
B)-2.05%
C)3.09%
D)5.17%
E)7.48%

Quizplus · Accepted Answer

The Answer of An index consists of the following securities and has an index divisor of 3.0. What is the price-weighted index return?
$\begin{array}{cccc}
\text { Stock } & \text { Shares Outstanding } & \text { Beginning Share Price}&\text{ Ending Share Price } \
\text { A } & 4,000 & \$ 21 & \$ 16 \
\text { L } & 1,000 & \$ 49 & \$ 61 \
\text { S } & 3,000 & \$ 37 & \$ 38
\end{array}$

A)-4.76%
B)-2.05%
C)3.09%
D)5.17%
E)7.48%

An Index Consists of the Following Securities and Has an Index