Problem 2-20 (Algo) Consider the three stocks in the following table. Pt represents price at...
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Finance
Problem 2-20 (Algo)
Consider the three stocks in the following table. Pt represents price at time t, and Qt represents shares outstanding at time t. Stock C splits two-for-one in the last period.
P0
Q0
P1
Q1
P2
Q2
A
94
100
99
100
99
100
B
54
200
49
200
49
200
C
108
200
118
200
59
400
Required:
Calculate the first-period rates of return on the following indexes of the three stocks: (Do not round intermediate calculations. Round your answers to 2 decimal places.)a. A market valueweighted index
b. An equally weighted index
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