Business, 03.05.2021 22:40, nickydeuce3
Boran Stockbrokers, Inc., selects four stocks for the purpose of developing its own index of stock market behavior. Prices per share for a year 1 base period, January year 3, and March year 3 follow. Base-year quantities are set on the basis of historical volumes for the four stocks. Stock Industry Year 1 Quantity Price per Share ($) Year 1 Base January Year 3 March Year 3 A Oil 100 29.50 22.75 22.50 B Computer 150 65.00 49.00 47.50 C Steel 75 40.00 31.00 29.50 D Real Estate 50 18.00 6.50 2.75 Compute the price relatives for the four stocks making up the Boran index. (Round your answers to one decimal place.)
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