USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
Stocks W and X had 2 for 1 splits after the close on Dec 31, 2003.

-Refer to Exhibit 4.5. Calculate the value weighted index for Dec 31, 2003, prior to the splits. Assume a base index value of 100. The base year is Dec 31, 2003.
A) 120.0
B) 81.69
C) 72.5
D) 100.0
E) 121.25

Question

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
  Stocks W and X had 2 for 1 splits after the close on Dec 31, 2003.
​
-Refer to Exhibit 4.5. Calculate the value weighted index for Dec 31, 2003, prior to the splits. Assume a base index value of 100. The base year is Dec 31, 2003.
A) 120.0 
B) 81.69 
C) 72.5 
D) 100.0 
E) 121.25

Quizplus · Accepted Answer

Since the base year is Dec 31, 2003, and we are asked to calculate the value-weighted index for the same date, before any splits, the index value would remain at its base value of 100.