USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

Multiple Choice

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

-Refer to Exhibit 4.1. For a value-weighted series, assume that Day T is the base period and the base value is 100. What is the new index value for Day T + 1, and what is the percentage change in the index from Day T?

A) 106.33, 6.33 percent
B) 107.48, 7.48 percent
C) 109.93, 9.93 percent
D) 108.7, 8.7 percent
E) 107.56, 7.3 percent