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Question
A benchmark market value index is comprised of three stocks. Yesterday the three stocks were priced at $12, $20, and $60. The number of outstanding shares for each is 600,000 shares, 500,000 shares, and 200,000 shares, respectively. If the stock prices changed to $16, $18, and $62 today respectively, what is the 1-day rate of return on the index?A. 5.78%
B. 4.35%
C. 6.16%
D. 7.42%
Answer
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Related questions
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Q:
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II. WEBS trade continuously on the AMEX.
III. WEBS are passively managed.
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B. II and III only
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Q:
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Q:
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II. Large trade deficit
III. Large amount of total debt
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Q:
The yen-per-dollar spot rate is 104. The yen-per-dollar forward rate is 107. If the U.S. risk-free rate is 2.4%, what is the likely yen risk-free rate?
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Q:
The risk-free rate in the United States is 4%, and the risk-free rate in Japan is 1.2%. If the spot rate of yen to dollars is 105, what is the likely yen-per-dollar forward rate?
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Q:
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Q:
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Q:
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B. foreign exchange risk
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Q:
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A. Equity and Foreign Exchange
B. Europe, Australasia, Far East
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Q:
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Q:
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Q:
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Q:
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Q:
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Q:
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Q:
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Q:
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Q:
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Q:
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A.
a decrease in the exercise price
B.
a decrease in time to expiration of the put
C.
an increase in the volatility of the underlying stock
D.
Q:
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Q:
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Q:
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B. the convergence property
C. the open interest
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Q:
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Q:
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C. both buyers and sellers of futures contracts
D. speculators only