Boran Stockbrokers, Inc., selects four stocks for the purpose of developing its own index of stock market behavior. Prices per share for a year 1 base period, January year 3, and March year 3 follow....


Boran Stockbrokers, Inc., selects four stocks for the purpose of developing its own index of stock market behavior. Prices per share for a year 1 base period, January year 3, and March year 3 follow.<br>Base-year quantities are set on the basis of historical volumes for the four stocks.<br>Price per Share ($)<br>Year 1<br>Stock<br>Industry<br>Quantity<br>Year 1<br>March<br>January<br>Year 3<br>Base<br>Year 3<br>A<br>Oil<br>100<br>31.50<br>20.75<br>22.50<br>Computer<br>150<br>65.00<br>49.00<br>45.50<br>C<br>Steel<br>75<br>40.00<br>32.00<br>29.50<br>Real Estate<br>50<br>20.00<br>6.50<br>4.75<br>Compute the price relatives for the four stocks making up the Boran index. (Round your answers to one decimal place.)<br>Price Relative<br>Stock<br>January<br>March<br>A<br>В<br>C<br>Use the weighted average of price relatives to compute the January year 3 and March year 3 Boran indexes. (Round your answers to one decimal place.)<br>Ijan<br>%D<br>Imar<br>

Extracted text: Boran Stockbrokers, Inc., selects four stocks for the purpose of developing its own index of stock market behavior. Prices per share for a year 1 base period, January year 3, and March year 3 follow. Base-year quantities are set on the basis of historical volumes for the four stocks. Price per Share ($) Year 1 Stock Industry Quantity Year 1 March January Year 3 Base Year 3 A Oil 100 31.50 20.75 22.50 Computer 150 65.00 49.00 45.50 C Steel 75 40.00 32.00 29.50 Real Estate 50 20.00 6.50 4.75 Compute the price relatives for the four stocks making up the Boran index. (Round your answers to one decimal place.) Price Relative Stock January March A В C Use the weighted average of price relatives to compute the January year 3 and March year 3 Boran indexes. (Round your answers to one decimal place.) Ijan %D Imar

Jun 03, 2022
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