Consider the three stocks in the following table. Pt represents price at time t, and Qt…

Consider the three stocks in the following table. Pt represents price at time t, and Qt represents shares outstanding at time t. Stock C splits two for one in the last period.

P0 Q0 P1 Q1 P2 Q2

A 145 155 150 155 150 155

B 135 310 130 310 130 310

C 270 310 280 310 140 620

Calculate the first-period rates of return on the following indexes of the three stocks (t = 0 to t = 1): (Do not round intermediate calculations. Round your answers to 2 decimal places.)

a. A market-value-weighted index. Rate of return is ________%

b. An equally weighted index. Rate of return is __________%