www.mhhe.com/edumarketinsight - Index Construction You have decided that you want a stock market index that tracks publishing companies. The three constituent companies you have decided to use are McGraw-Hill Companies (MHP), Dow Jones & Company (DJ), and Value Line Inc. (VALU). For each company, download the monthly stock prices. Under the "Financial Hlts" link you can find the number of shares outstanding. Construct a price-weighted and a value-weighted index for the publishing industry for the last six months. Use a beginning index value of 100 where appropriate. What are the monthly returns for each index?
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