Mathematics

Papito

3 October, 12:53

Suppose there is a simple index of two stocks - stock A and stock B. Stock A

opens on Monday with 10,000 shares at $4.25 per share. Stock B opens on

Monday with 5000 shares at $6.75 per share. Stock A opens on Tuesday at

$4.50 per share, and stock B opens on Tuesday at $6.35 per share. Both

stocks have the same number of shares that they opened with on Monday.

What is the rate of change of this simple index over 1 day?

A. - 0.9%

B. 0.9%

C. - 0.7%

D. 0.7%