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:

Demographers

Experts who study populations, including their sizes, distributions, and trends, by analyzing birth, death, migration, and aging patterns.

Herbert Spencer

A British sociologist and philosopher known for applying the theory of natural selection to society, contributing to the development of social Darwinism.

Social Change

The transformation of cultural, social, and political structures over time, often driven by collective behavior and social movements.

World's Energy

Refers to the global production, distribution, and consumption of various forms of energy, including fossil fuels, nuclear, and renewable sources.