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Assume the following two stocks are used in computing the Dune index:
Company | Shares Outstanding January 2 2020 | Base period, January 2, 2020 Market Price | January 2, 2021 Market Price | January 2, 2022 Market Price* |
Atreides Inc | 2,000 | $50.00 | 60.00 | 25.00 |
Harkonnen Corp. | 5,000 | 30.00 | 40.00 | 30.00 |
*The Atreides Inc stock has a three for one split on June 1, 2021.
Consider an index base level of 1,000.
Dune market DSP index is a price weighted index.
Calculate DSP index level at the beginning of 2021 and 2022 and the index percent change from the previous year.
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