Exhibit 55
Use the Information Below for the Following Problem(S)

question 70

Multiple Choice

Exhibit 5.5
Use the Information Below for the Following Problem(S)
$$\begin{array} { c c c c c } \text { Stack } & \begin{array} { c } \text { 31-Dec-03 } \\\text { Price }\end{array} & \begin{array} { c } \text { 31-Dec-03 } \\\text { Shares }\end{array} & \begin{array} { c } \text { 31-Dec-04 } \\\text { Price }\end{array} & \begin{array} { c } \text { S1-Dec-04 } \\\text { Shares }\end{array} \\\hline W & \$ 75.00 & 10000 & \$ 50.00 & 20000 \\X & \$ 150.00 & 5000 & \$ 65.00 & 10000 \\Y & \$ 2500 & 20000 & \$ 35.00 & 20000 \\Z & \$ 20.00 & 25000 & \$ 50.00 & 25000\end{array}$$
Stocks W and X had 2 for 1 splits after the close on Dec 31, 2003.
-Refer to Exhibit 5.5.Calculate the percentage return in the price weighted series for the period Dec 31,2000 to Dec 31,2004.

• A) 12.68%
• B) 20.00%
• C) 21.76%
• D) 33.33%
• E) 40.00%

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Definitions:

At-birth Learning Abilities

The innate capacities or potentials for learning that an individual possesses from birth.

Preprogrammed Learning Skills

Abilities or knowledge that are innately structured in an individual, potentially requiring activation or further development through experience.

Self-locomotion

The ability of an individual to move independently using physical capabilities, such as walking or crawling.

Intellectual Parents

Figures credited with the creation, development, and nurturing of ideas, theories, or intellectual movements.