An Index Consists of the Following Securities A)-43%
B)-1

question 76

Multiple Choice

An index consists of the following securities. What is the value-weighted index return?
$\begin{array}{cccc}\text { Stock } & \text { Shares Outstanding } & \text { Beginning Share Price } & \text { Ending Share Price } \\\mathrm{C} & 1,000 & \$ 32 & \$ 38 \\\mathrm{~K} & 4,000 & \$ 22 & \$ 23 \\\mathbf{S} & 6,000 & \$ 57 & \$ 55\end{array}$

• A)-.43%
• B)-1.46%
• C)4.43%
• D)4.51%
• E)4.62%

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Definitions:

Exploit

To make use of a resource, situation, or piece of information to gain an advantage or achieve a goal.

Ethical Dilemmas

Situations in which a person must choose between competing moral principles or values, often leading to ethical reflection and decision-making.

Risky Strategy

A plan of action that involves a high degree of uncertainty and potential for negative outcomes, often with the possibility of significant rewards.

Ethical Leadership

A leadership approach that is guided by respect for ethics and values, and seeks to influence others by embodying such principles.