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he following three defense stocks are to be combined into a stock index in January...

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Finance

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he following three defense stocks are to be combined into a stock index in January 2019 (perhaps a portfolio manager believes these tocks are an appropriate benchmark for his or her performance): 0. Calculate the initial value of the index if a price-welghting scheme is used. b. What is the rate of retum on this index for the year ending December 31, 2019? For the year ending December 31. 2020? (A negotive value should be indicoted by o minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimol places.)

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