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2 points Save Anan appose a stock index contains the stock of 3 firms: A, B and C. The stock prices for the three firms

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2 points Save Anan appose a stock index contains the stock of 3 firms: A, B and C. The stock prices for the three firms are $55, $59 and $51, respectively. The firms have 69 million, 152 milion and 192 lion shares outstanding, respectively. If the index is value-weighted, calculate its initial value. (round your answer to 2 decimal places) Expand Engagement Activity Group 1

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