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Business, 15.04.2020 15:49 kingje1477
A benchmark market value index is comprised of three stocks. Yesterday the three stocks were priced at $10, $15, and $57. The number of outstanding shares for each is 628,000 shares, 519,000 shares, and 207,000 shares, respectively. If the stock prices changed to $19, $27, and $66 today respectively, what is the one day rate of return on the index?
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A benchmark market value index is comprised of three stocks. Yesterday the three stocks were priced...
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