Business
Business, 26.12.2019 17:31, grosst4333

9. a benchmark market value index is comprised of three stocks. yesterday the three stocks were priced at $12, $20, and $60. the number of outstanding shares for each is 600,000 shares, 500,000 shares, and 200,000 shares, respectively. if the stock prices changed to $16, $18, and $62 today respectively, what is the one day rate of return on the index?

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