Multiple Choice
Exhibit 5.6
Use the Information Below for the Following Problem(S)
Price
-Refer to Exhibit 5.6.If an equal-weighted index is constructed on Day T with $10,000 in each stock,what is the percentage change in wealth for this index on Day T + 1? Assume a base index value of 100 on Day T.
A) 8.65%
B) 10.14%
C) 15.69%
D) 30.42%
E) 47.08%
Correct Answer:

Verified
Correct Answer:
Verified
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