Lindsay Kelly bought 100 shares of Google, 300 shares of Microsoft, and 500 shares of Nokia in January 2005. The adjusted close prices of these stocks over the next three years are shown in the accompanying table. Which of the following is the unweighted aggregate price index for Lindsay's portfolio for 2007, using 2005 as the base year?
A) 258.15
B) 116.48
C) 203.93
D) 237.53

Question

Lindsay Kelly bought 100 shares of Google, 300 shares of Microsoft, and 500 shares of Nokia in January 2005. The adjusted close prices of these stocks over the next three years are shown in the accompanying table.  Which of the following is the unweighted aggregate price index for Lindsay's portfolio for 2007, using 2005 as the base year?
A) 258.15 
B) 116.48 
C) 203.93 
D) 237.53

Quizplus · Accepted Answer

The Answer of Lindsay Kelly bought 100 shares of Google, 300 shares of Microsoft, and 500 shares of Nokia in January 2005. The adjusted close prices of these stocks over the next three years are shown in the accompanying table.  Which of the following is the unweighted aggregate price index for Lindsay's portfolio for 2007, using 2005 as the base year?
A) 258.15 
B) 116.48 
C) 203.93 
D) 237.53

Lindsay Kelly Bought 100 Shares of Google, 300 Shares of Microsoft