1. A benchmark index has three stocks priced at $15, $18, and $60. The number of outstanding shares for each is 600,000 shares, 500,000 shares, and 200,000 shares, respectively. If the market value weighted index was 1021 yesterday and the prices changed to $20, $21, and $55, what is the new index value? 2. A) 1010 3. B) 1020 4. C) 1030 5. D) 1040