USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

question 56

Multiple Choice

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

• A) 19.25 percent
• B) 21.25 percent
• C) 51.25 percent
• D) 5.25 percent
• E) 100.25 percent

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