Suppose there is a simple index of three stocks, stock ABC, stock XYZ, and
stock QRS. Stock ABC opens on day 1 with 4000 shares at $3.15 per share.
Stock XYZ opens on day 1 with 5000 shares at $4.30 per share. Stock QRS
opens on day 1 with 6000 shares at $4.60 per share. The price of stock ABC
on day 8 begins at $3.50. The price of stock XYZ on day 8 begins at $3.90.
Stock QRS opens on day 8 with a price of $4.50 per share. Assume that each
stock has the same number of shares that it opened with on day 1. What is
the rate of change of this simple index over 1 week?
O A. 1.9%
O B. 2.0%
O C. - 1.9%
O D. - 2.0%
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