An Index Consists of the Following Securities A)372%
B)5

Multiple Choice

An index consists of the following securities. What is the value-weighted index return?
$\begin{array}{cccc}\text { Stock } & \text { Shares Outstanding } & \text { Begin Price } & \text { End Price } \\\text { H } & 5,000 & \$ 18 & \$ 22 \\\text { I } & 7,500 & \$ 12 & \$ 11 \\\text { J } & 2,000 & \$ 32 & \$ 36\end{array}$

A) 3.72%
B) 5.09%
C) 6.61%
D) 7.07%
E) 8.40%