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

question 46

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 value weighted index for Dec 31,2003,after the splits.Assume a base index value of 100.The base year is Dec 31,2003.

• A) 72.5
• B) 81.69
• C) 100.0
• D) 120.0
• E) 121.25

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Definitions:

Stock Market Index

A statistical measure that reflects the composite value of a selected group of stocks, representing a segment of the stock market.

Supply Of Corn

The total quantity of corn that producers are willing and able to sell at a given price level.

Price Of Corn

The cost at which corn is bought or sold, subject to fluctuations based on agricultural trends and economic conditions.

Soybeans

A species of legume native to East Asia, widely cultivated for its edible beans which serve as a significant source of protein and oil.