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Exhibit 51
Use the Information Below for the Following Problem(S)

Question 37

Multiple Choice

Exhibit 5.1
Use the Information Below for the Following Problem(S)
                    
 Number of shares Glasing Prices (per share) \begin{array}{c}\begin{array}{lll}\text { Number of shares}\end{array}\begin{array}{lll}\text { Glasing Prices}\end{array}\begin{array}{lll}\text { (per share) } \end{array}\end{array}

 Companies  outstanding  Day T  Day T + 1 12,000$30.00$25.0027,00055.0060.0035,00020.0025.0044.00040.0045.00\begin{array}{cccc}\text { Companies } & \text { outstanding } & \text { Day T } & \text { Day T + 1 } \\\hline 1 & 2,000 & \$ 30.00 & \$ 25.00 \\2 & 7,000 & 55.00 & 60.00 \\3 & 5,000 & 20.00 & 25.00 \\4 & 4.000 & 40.00 & 45.00\end{array}

-Refer to Exhibit 5.1.Assume that a stock price-weighted indicator consisted of the four issues with their prices.What are the values of the stock indicator for Day T and T + 1 and what is the percentage change?


A) 36.25, 38.75, 6.9%
B) 38.75, 36.25, -6.9%
C) 100, 106.9, 6.9%
D) 107.48, 106.33, 1.15%
E) None of the above

Correct Answer:

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