A portfolio consists of equal numbers of shares of three internet retail companies. The table below shows the monthly closing prices (in US dollars) for the three companies' shares over a period of one year. Month January February March April May June July August eGulf 66.72 67.92 63.91 63.53 62.32 66.00 64.61 68.55 September 71.02 October 75.42 November 67.95 December 63.60 Company Warrioress 287.30 263.45 258.44 276.79 263.78 240.30 229.73 229.04 208.20 206.95 212.54 224.87 DJ.com 132.96 124.45 119.47 120.78 120.18 126.19 134.52 126.99 139.69 147.09 144.44 133.03 Calculate the simple composite index for the September price of the portfolio using February as the base period. Round the result to 2 decimal places. (Do not type a percentage sign at the end of the index number.)

A portfolio consists of equal numbers of shares of three internet retail companies. The table below shows the monthly closing prices (in US dollars) for the three companies' shares over a period of one year. Month January February March April May June July August eGulf 66.72 67.92 63.91 63.53 62.32 66.00 64.61 68.55 September 71.02 October 75.42 November 67.95 December 63.60 Company Warrioress 287.30 263.45 258.44 276.79 263.78 240.30 229.73 229.04 208.20 206.95 212.54 224.87 DJ.com 132.96 124.45 119.47 120.78 120.18 126.19 134.52 126.99 139.69 147.09 144.44 133.03 Calculate the simple composite index for the September price of the portfolio using February as the base period. Round the result to 2 decimal places. (Do not type a percentage sign at the end of the index number.)

Financial Accounting

14th Edition

ISBN:9781305088436

Author:Carl Warren, Jim Reeve, Jonathan Duchac

Publisher:Carl Warren, Jim Reeve, Jonathan Duchac

Chapter13: Corporations: Organization, Stock Transactions, And Dividends

Section: Chapter Questions

Problem 4CP

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