Exhibit 52
Use the Information Below for the Following Problem(S)

question 33

Multiple Choice

Exhibit 5.2
Use the Information Below for the Following Problem(S)
$\begin{array}{lcccccc} ~&&\text { Stock Price } &&& \text { \# Shares } \\ & \mathbf{X} & \mathbf{Y} & \mathbf{Z} & \mathbf{X} & \mathbf{Y} & \mathbf{Z} \\ \text { Jan. } 13,2005 & 20 & 40 & 30 & 1000 & 2000 & 1000^{*} \\\text { Jan. } 14,2005 & 25 & 42 & 18 & 1000 & 2000 & 2000 \\\text { Jan. } 15,2005 & 27 & 45 & 8 & 1000^{* *} & 2000 & 2000 \\\text { Jan. } 16,2005 & 20 & 40 & 10 & 3000 & 2000 & 2000\end{array}$
*2:1 Split on Stock Z after Close on Jan. 13, 2005
**3:1 Split on Stock X after Close on Jan. 15, 2005
The base date for index calculations is January 13, 2005
-Refer to Exhibit 5.2.Calculate a value weighted index for Jan.13th if the initial index value is 100.

• A) 111.54
• B) 100
• C) 102.31
• D) 123.07
• E) None of the above

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Definitions:

Commissions

Bodies established by governments or other organizations to undertake specific tasks or investigate particular issues; also refers to the earnings of salespeople based on sales achieved.

U.S. Army

The principal land warfare branch of the United States Armed Forces.

Deserted

Deserted refers to a place or thing that has been abandoned or left empty and devoid of human presence or activity.

German Lines

Refers to the positions or territories controlled by German military forces, often mentioned in historical contexts like WWI and WWII.