(ii) The market consists of the following stocks. Their pricesand number of shares are as follows: Stock Price Number of SharesOutstanding A $10 100,000 B 20 10,000 C 30 200,000 D 40 50,000 (a)What is the percentage increase in the market if a S&P 500 typeof measure of the market (value-weighted average) is used? b. Theprice of Stock C doubles to $60. What is the percentage increase inthe market if a S&P 500 type of measure of the market(value-weighted average) is used? c. Repeat question (b) but use aValue Line type of measure of the market (i.e., a geometricaverage) to determine the percentage increase. d. Suppose the priceof stock B doubled instead of stock C. How would the market havefared using the aggregate measures employed in (b) and (c)? Why areyour answers different?
