An Index Consists of the Following Securities and Has an Index

question 8

Multiple Choice

An index consists of the following securities and has an index divisor of 3.0. What is the price-weighted index return?
$\begin{array}{cccc}\text { Stock } & \text { Shares Outstanding } & \text { Beginning Share Price}&\text{ Ending Share Price } \\\text { A } & 4,000 & \$ 21 & \$ 16 \\\text { L } & 1,000 & \$ 49 & \$ 61 \\\text { S } & 3,000 & \$ 37 & \$ 38\end{array}$

• A)-4.76%
• B)-2.05%
• C)3.09%
• D)5.17%
• E)7.48%

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Definitions:

Obsession

Obsession refers to persistent and intrusive thoughts, images, or urges that cause significant anxiety or distress.

Compulsion

A persistent, irresistible, and irrational urge to perform an act or ritual repeatedly.

Classical Conditioning

A training method where two stimuli are consistently presented together, leading to a response initially triggered by the second stimulus eventually being triggered by just the first stimulus.

Bureaucracies

Bureaucracies describe organizational structures that are characterized by a hierarchy of authority, a clear division of labor, explicit rules, and impersonality in managerial decisions.