Solved

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

Question 30

Multiple Choice

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)     -Refer to Exhibit 4.6. 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 percent B)  10.14 percent C)  15.69 percent D)  30.42 percent E)  47.08 percent
-Refer to Exhibit 4.6. 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 percent
B) 10.14 percent
C) 15.69 percent
D) 30.42 percent
E) 47.08 percent

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions