Share price and shares outstanding information is given below. ...
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Finance
Share price and shares outstanding information is given below.
|
| 31 DECEMBER 2019 | 31 DECEMBER 2020 | ||
|
| Price | Shares outstanding | Price | Shares outstanding |
| Share K | 20 | 100 000 000 | 32 | 100 000 000 |
| Share M | 80 | 2 000 000 | 45 | 4 000 000* |
| Share R | 50 | 25 000 000 | 42 | 25 000 000
|
*Share split two-for-one during the year.
A. Based on the info in the table, compute 2019 and 2020 values for a price-weighted index and a market-value-weighted index. (1.5 marks)
B. Compute the percentage change in the value of each index during the year. (1 mark)
C. Explain the difference in results between the two indices. (0.5 mark)
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