An Index Consists of the Following Securities and Has an Index

question 107

Multiple Choice

An index consists of the following securities and has an index divisor of 2.0. What is the price-weighted index return?
$\begin{array}{cccc}\text { Stock } & \text { Shares Outstanding } & \text { Begin Price } & \text { End Price } \\\mathrm{X} & 4,200 & \$ 35 & \$ 36 \\\mathrm{Y} & 3,800 & \$ 30 & \$ 29\end{array}$

• A)-1.69%
• B)-.78%
• C)0
• D).92%
• E)1.43%

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Definitions:

Outpatient Surgical Procedure

A surgical operation performed on patients who are not required to stay in the hospital overnight.

Insurance Company

A financial institution that provides a range of insurance policies to protect individuals and businesses against potential loss or damage.

Appointment Times

Scheduled dates and times set for meetings, events, or healthcare visits.

Verify Coverage

The process of confirming whether an insurance policy is active and what benefits and services are included under its terms.