Boran Stockbrokers, Inc., selects four stocks for the purpose of developing its own index of stock market behavior. Prices per share for a year 1 base period, January year 3, and March year 3 follow. Base-year quantities are set on the basis of historical volumes for the four stocks. Price per Share ($) Year 1 Quantity Year 1 Stock Industry January Year 3 March Base Year 3 A Oil 100 31.50 24.75 22.50 B Computer 150 65.00 49.00 47.50 Steel 75 40.00 33.00 29.50 D Real Estate 50 20.00 6.50 4.75 Compute the price relatives for the four stocks making up the Boran index. (Round your answers to one decimal place.) Price Relative Stock January March D Use the weighted average of price relatives to compute the January year 3 and March year 3 Boran indexes. (Round your answers to one decimal place.) Ian IMar =

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Boran Stockbrokers, Inc., selects four stocks for the purpose of developing its own index of stock market behavior. Prices per share for a year 1 base period, January year 3, and March year 3 follow. Base-year quantities are set on the basis of historical volumes for the four stocks.
Price per Share ($)
Year 1
Quantity Year 1
Stock
Industry
January
Year 3
March
Base
Year 3
A
Oil
100
31.50
24.75
22.50
B
Computer
150
65.00
49.00
47.50
Steel
75
40.00
33.00
29.50
D
Real Estate
50
20.00
6.50
4.75
Compute the price relatives for the four stocks making up the Boran index. (Round your answers to one decimal place.)
Price Relative
Stock
January
March
D
Use the weighted average of price relatives to compute the January year 3 and March year 3 Boran indexes. (Round your answers to one decimal place.)
Ian
IMar =
Transcribed Image Text:Boran Stockbrokers, Inc., selects four stocks for the purpose of developing its own index of stock market behavior. Prices per share for a year 1 base period, January year 3, and March year 3 follow. Base-year quantities are set on the basis of historical volumes for the four stocks. Price per Share ($) Year 1 Quantity Year 1 Stock Industry January Year 3 March Base Year 3 A Oil 100 31.50 24.75 22.50 B Computer 150 65.00 49.00 47.50 Steel 75 40.00 33.00 29.50 D Real Estate 50 20.00 6.50 4.75 Compute the price relatives for the four stocks making up the Boran index. (Round your answers to one decimal place.) Price Relative Stock January March D Use the weighted average of price relatives to compute the January year 3 and March year 3 Boran indexes. (Round your answers to one decimal place.) Ian IMar =
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