A market value weighted index has three stocks in it, priced at 95.5, 70, and 89.7...
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A market value weighted index has three stocks in it, priced at 95.5, 70, and 89.7 per share, and each firm has 293, 212 and 398 thousand shares outstanding, respectively. The value of the index today is 878. Over the course of a month, the market does its random walk-y thing, and the prices of the three stocks change do 58.4, 72.3, 83.7, respectively. What is the new value of the index? Enter answer accurate to two decimal places.. I A market value weighted index has three stocks in it, priced at 95.5, 70, and 89.7 per share, and each firm has 293, 212 and 398 thousand shares outstanding, respectively. The value of the index today is 878. Over the course of a month, the market does its random walk-y thing, and the prices of the three stocks change do 58.4, 72.3, 83.7, respectively. What is the new value of the index? Enter answer accurate to two decimal places.. I
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