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USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

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USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)     Stocks W and X had 2 for 1 splits after the close on Dec 31, 2003. ​ -Refer to Exhibit 4.5. Calculate the unweighted index (geometric mean)  for Dec 31, 2004. Assume a base index value of 100. The base year is Dec 31, 2003. A)  119.25 B)  121.25 C)  151.25 D)  95.25 E)  100.25 Stocks W and X had 2 for 1 splits after the close on Dec 31, 2003.

-Refer to Exhibit 4.5. Calculate the unweighted index (geometric mean) for Dec 31, 2004. Assume a base index value of 100. The base year is Dec 31, 2003.


Definitions:

Discounted

The process of determining the present value of a future amount by applying a discount rate.

Present Value

The current value of a future sum of money or stream of cash flows, discounted at a specified rate of return.

Present Value

The current worth of a future sum of money or stream of cash flows, given a specified rate of return or discount rate.

Discounting

The process of determining the present value of future cash flows by applying a discount rate.

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