You want to form a price-weighted technology stock index


You want to form a price-weighted technology stock index using Apple, Google, and Yahoo.

Apple's adjusted closing price for 2016 is $115.82 and for 2015 is $105.26; Google's adjusted closing price for 2016 is $771.82 and for 2015 is $758.88;

Yahoo's adjusted closing price for 2016 is $38.67 and for 2015 is $33.26. What is the annual return for your price-weighted technology stock index for 2016?

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Financial Management: You want to form a price-weighted technology stock index
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