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A market index is comprised of three stocks. If the index is market value - weighted index, what is the one day rate of return on the index?
Stocks PO QP P1 Q1
A $49 300,000 $55 300,000
B $20 500,000 $16 500,000
C $60 200,000 $66 200,000
-1.13%
2.72%
3.27%
1.65%
4.26%
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