An investment portfolio consists of four stocks. The purchase price, current price, and number of shares are reported in the following table. (Round your answer to the nearest integer.) Stock Purchase
Price/Share ($) Current
Price/Share ($) Number
of Shares
Stock A 1,262.00 1,943.78 600
Stock B 197.87 179.23 300
Stock C 179.23 208.99 400
Stock D 91.18 99.13 200
Construct a weighted average of price relatives as an index of the performance of the portfolio to date.
I =
Interpret this price index.
The investment portfolio value is up
%.