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Consider the three stocks in the following table. PtP_t represents price at time tt, and QtQ_t represents shares outstanding at time tt. Stock C splits two for one in the last period. <image 1> Calculate the rate of return for the second period (t=1t=1 to t=2t=2)



(A) 0


(B) 1.23%


(C) 2.38%


(D) 3.57%


Answer with the option's letter from the given choices directly. No punctuation.


D


Difficulty: Medium

Subfield: Financial Marketing


Explanation: The return is zero. The index remains unchanged because the return for each stock separately equals zero.

Input

Input ID
9fad9c90-3262-499e-bd34-a775b5ad9744
Created
February 21, 2024
Permission
Public