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What is the annual return for your price-weighted technology

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Reference no: EM132855009

Question - You want to form a price-weighted technology stock index using Apple, Google, and Microsoft. Apple's adjusted closing price for 2020 is $132.69 and for 2019 is $72.78; Google's adjusted closing price for 2020 is $1,751.88 and for 2019 is $1,337.02; Microsoft's adjusted closing price for 2020 is $222.42 and for 2019 is $156.05. What is the annual return for your price-weighted technology stock index for 2020? Enter your answer rounded to two decimal places.

Reference no: EM132855009

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