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An Index Consists of the Following Securities A)-43%
B)-1

Question 98

Multiple Choice

An index consists of the following securities. What is the value-weighted index return?
 Stock  Shares Outstanding  Beginning Share Price  Ending Share Price C1,000$32$38 K4,000$22$23S6,000$57$55\begin{array}{cccc}\text { Stock } & \text { Shares Outstanding } & \text { Beginning Share Price } & \text { Ending Share Price } \\\mathrm{C} & 1,000 & \$ 32 & \$ 38 \\\mathrm{~K} & 4,000 & \$ 22 & \$ 23 \\\mathbf{S} & 6,000 & \$ 57 & \$ 55\end{array}


A) -.43%
B) -1.46%
C) 4.43%
D) 4.51%
E) 4.62%

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