Chartered Financial Analyst Level 1
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An analyst gathers the following information about an equal-weighted index with three securities:
Security Shares Outstanding (Millions) Beginning-of-Period Price End-of-Period Price 1 15 $5$62 20 $2$23 25 $3$4
The price return of the index is closest to:
An analyst gathers the following information about an equal-weighted index with three securities:
| Security | Shares Outstanding (Millions) | Beginning-of-Period Price | End-of-Period Price |
|---|---|---|---|
| 1 | 15 | $5 | $6 |
| 2 | 20 | $2 | $2 |
| 3 | 25 | $3 | $4 |
The price return of the index is closest to:
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