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:

Sales Forecasting

A form of research that estimates how much of a product will sell over a given period of time.

SMEI Guidelines

Standards and best practices established by the Sales and Marketing Executives International to guide professionals in ethical and effective sales and marketing strategies.

Sales Goals

The target figures set by a business or a sales team to guide performance and measure success.

Assumptive Close

The assumptive close is a sales technique where the salesperson assumes that the customer has already decided to purchase and moves directly to the closing of the sale.