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You are given the following information regarding prices for a sample of stocks. ...

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Finance

You are given the following information regarding prices for a sample of stocks.

PRICE
Stock Number of Shares T T + 1
A 3,000,000 $74 $92
B 10,000,000 24 35
C 26,000,000 15 23

  1. Construct an equal-weighted index by assuming $1,000 is invested in each stock. What is the percentage change in wealth for this portfolio? Do not round intermediate calculations. Round your answer to two decimal places.

    %

  2. Compute the percentage of price change for each of the stocks. Do not round intermediate calculations. Round your answers to two decimal places.

    Stock A: %

    Stock B: %

    Stock C: %

    Compute the arithmetic mean of these percentage changes. Do not round intermediate calculations. Round your answer to two decimal places.

    %

  3. Compute the geometric mean of the percentage changes in Part b. Do not round intermediate calculations. Round your answer to two decimal places.

    %

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