Business, 20.09.2020 14:01 Laners0219

A benchmark market value index is comprised of three stocks. Yesterday the three stocks were priced at $16, $24, and $55. The number of outstanding shares for each is 640,000 shares, 540,000 shares, and 240,000 shares, respectively. If the stock prices changed to $20, $22, and $57 today respectively, what is the 1-day rate of return on the index

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A benchmark market value index is comprised of three stocks. Yesterday the three stocks were priced...