National Stock Exchange has been recently established. Only three stocks have been listed in National Stock Exchange. Consider the following information of listed companies and their respective…

National Stock Exchange has been recently established. Only three stocks have been listed in National Stock Exchange. Consider the following information of listed companies and their respective closing prices: StockNo. of sharesDay 1Day 2Day 3A2,000Rs 400Rs 500Rs 600B3,000200220240C4,0001,6001,6001,800 a. Calculate the market index for date 1, date 2, and date 3 if the National Stock Exchange uses Price Weighted method and compute the percentage change in the index on day 2 and day 3. b. Calculate the value weighted index for date 2, and 3. Assume the value weighted index on date 1 is 100 and compute the percentage change in the index on day 2 and day 3. c. How do you adjust the effect of stock split in price weighted and value weighted index? Illustrate.