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  3. please show steps 6. use the following data to a

Please show steps 6. Use the following data to answer the questions below...

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Finance

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6. Use the following data to answer the questions below Company Day 1 Day 2 Day 3 Day 4 Price HOV $10 10 10 12 KBH $30 15 20 Shares Outstanding (Million) HOV 250 250 250 250 LEN KBH 250 $20 20 20 25 200 200 200 500 500 500 Assume that Day 1 is used to calculate the beginning index value of 10,000. a. Calculate the Day 2 price-weighted index. Note that the only change in the prices is due to 2:1 split on KBH. b. What is the divisor used to calculate the index for Day 2. c. Calculate the Day-3 and Day-4 price-weighted indexes. d. Calculate percentage change on the price-weighted index from Day 1 to Day 4 e. Calculate the value-weighted indexes for Day 3 and Day 4. f. Calculate percentage change on the value-weighted index from Day 1 to Day 4

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