Exhibit 5.1
Use the Information Below for the Following Problem(S)

$\begin{array}{c}
\begin{array}{lll}
\text { Number of shares}
\end{array}
\begin{array}{lll}
\text { Glasing Prices}
\end{array}
\begin{array}{lll}
\text { (per share)}
\end{array}
\end{array}$

$\begin{array}{cccc}
\text { Companies } & \text { outstanding } & \text { Day T } & \text { Day T + 1 } \
\hline 1 & 2,000 & \$ 30.00 & \$ 25.00 \
2 & 7,000 & 55.00 & 60.00 \
3 & 5,000 & 20.00 & 25.00 \
4 & 4.000 & 40.00 & 45.00
\end{array}$

-Refer to Exhibit 5.1.Assume that a stock price-weighted indicator consisted of the four issues with their prices.What are the values of the stock indicator for Day T and T + 1 and what is the percentage change?
A) 36.25, 38.75, 6.9%
B) 38.75, 36.25, -6.9%
C) 100, 106.9, 6.9%
D) 107.48, 106.33, 1.15%
E) None of the above

Question

Exhibit 5.1
Use the Information Below for the Following Problem(S)
                     
$\begin{array}{c}
\begin{array}{lll}
\text { Number of shares}
\end{array}
\begin{array}{lll}
\text { Glasing Prices}
\end{array}
\begin{array}{lll}
\text { (per share)} 
\end{array}
\end{array}$

$\begin{array}{cccc}
\text { Companies } & \text { outstanding } & \text { Day T } & \text { Day T + 1 } \
\hline 1 & 2,000 & \$ 30.00 & \$ 25.00 \
2 & 7,000 & 55.00 & 60.00 \
3 & 5,000 & 20.00 & 25.00 \
4 & 4.000 & 40.00 & 45.00
\end{array}$

-Refer to Exhibit 5.1.Assume that a stock price-weighted indicator consisted of the four issues with their prices.What are the values of the stock indicator for Day T and T + 1 and what is the percentage change?
A) 36.25, 38.75, 6.9%
B) 38.75, 36.25, -6.9%
C) 100, 106.9, 6.9%
D) 107.48, 106.33, 1.15%
E) None of the above

Quizplus · Accepted Answer

The stock price-weighted indicator is calculated by multiplying the price of each stock by the number of shares outstanding and then dividing the sum of these products by the total number of shares outstanding. For Day T, the stock price-weighted indicator is:(30.00 * 2,000) + (55.00 * 7,000) + (20.00 * 5,000) + (40.00 * 4,000) / (2,000 + 7,000 + 5,000 + 4,000) = 36.25For Day T + 1, the stock price-weighted indicator is:(25.00 * 2,000) + (60.00 * 7,000) + (25.00 * 5,000) + (45.00 * 4,000) / (2,000 + 7,000 + 5,000 + 4,000) = 38.75The percentage change from Day T to Day T + 1 is:(38.75 - 36.25) / 36.25 * 100 = 6.9%

Exhibit 51 Use the Information Below for the Following Problem(S)

Exhibit 51
Use the Information Below for the Following Problem(S)