Assume that you want to reindex with the index value at the beginning of the yea
ID: 2648988 • Letter: A
Question
Assume that you want to reindex with the index value at the beginning of the year equal to 100. What is the index level at the end of the year? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
You are given the following information concerning two stocks that make up an index.Assume that you want to reindex with the index value at the beginning of the year equal to 100. What is the index level at the end of the year? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Explanation / Answer
Kirk Picard
Market Capitalization beginning 1887000 2106000
Market Capitalization Closing 1776000 1944000
Indexation Beginning 100 100
Indexation closing 94.11765 92.30769