A simple index of three stocks have opening values on day 1 and day 8 as
shown in the table below.
Day 1
No, shares Price per
share
8000
$4.25
5000
$2.90
2000
$6.40
Day 8
No. shares Price per
share
8000
$3.90
5000
$2.50
2000
$6.10
Stock ABC
Stock XYZ
Stock QRS
What is the rate of change of this simple index over one week? Round your
answer to the nearest tenth.
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