Assume that you want to reindex with the index value at the beginning of the yea
ID: 2722486 • 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
no of shares price total value kirk 44000 73 3212000 picard 30500 114 3477000 6689000 begening value 3344500 no of shares price total value kirk 44000 74 3256000 picard 30500 110 3355000 6611000 ending value 3305500 begenining value 1 100 ending value 0.9883391 98.83391