A Benchmark Market Value Index Is Comprised of Three Stocks

question 11

Multiple Choice

A benchmark market value index is comprised of three stocks.Yesterday the three stocks were priced at $12,$20,and $60.The number of outstanding shares for each is 600,000 shares,500,000 shares,and 200,000 shares,respectively.If the stock prices changed to $16,$18,and $62 today respectively,what is the one day rate of return on the index?

• A) 5.78%
• B) 4.35%
• C) 6.16%
• D) 7.42%

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Definitions:

Indian Population

Refers to the indigenous peoples of the Americas, often specifically in the context of North America, acknowledging their diverse cultures, histories, and contributions.

Transatlantic Trade

Trade that occurs across the Atlantic Ocean, historically significant for the triangular trade involving slaves, raw materials, and manufactured goods between Africa, the Americas, and Europe.

Increase

An act or process of becoming greater in size, number, value, or amount, often measured against previous states or periods.

Colonists

Individuals from one country who settle in another land to create a new community, often impacting the indigenous populations and the area's development.