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Security Market Indexes
A float-adjusted market-capitalization-weighted index has three stocks. Initial data are: A: price 20, shares 10 million, float 80%; B: price 40, shares 5 million, float 60%; C: price 30, shares 8 million, float 25%. End-of-period prices are 22, 39, and 33. The index return is closest to:
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