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Problem:

Three stocks have share prices of $13, $55, and $25 with total market values of $420 million, $370 million, and $170 million, respectively. If you were to construct a price-weighted index of the three stocks,

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Question: What would be the index value?

  • 320
  • 31
  • 40
  • 55

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91149484

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