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  3. the following three defense stocks are to be combi

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

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Finance

The following three defense stocks are to be combined into a stock index in January 2019 (perhaps a portfolio manager believes these stocks are an appropriate benchmark for his or her performance):

image

b. What is the rate of return on this index for the year ending December 31, 2019? For the year ending December 31, 2020? (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

2019 RETURN:____________

Answer is complete but not entirely correct

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