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

question 31

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,prior to the splits.Assume a base index value of 100.The base year is Dec 31,2003.

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

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Definitions:

Uncertainty-avoidance Cultures

Cultures that have a low tolerance for ambiguity and uncertainty, often favoring strict rules and conventions to minimize the unpredictability of social interactions.

Ambiguous Situations

Scenarios or circumstances that lack clarity or have multiple interpretations, often leading to confusion or complexity in decision-making.

Stable Rules

Regulations or principles that remain constant and unchanged over time.

Environmental Context

The set of physical, social, and economic conditions surrounding and affecting the existence or development of an entity or subject.