3) Assume that there are only four stocks trading in a stock change. The current prices and total number of currently quoted shares for each stock is given below Stock Price Quoted Shares A 30 180 000 B 65 120 000 90 50 000 D 20 250 000 The base year chosen by the exchange in that country is 2005 during which the average price and average quoted shares were as follows Stock Price Quoted Shares A 8 60 000 B 11 80 000 24 40 000 D 5 100 000 Given that the exchange uses a multiplier of 1000 in that country; find the current value of the index by using value weighted approach