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.5.3 Suppose there is a simple index of three stocks, Stock X opens the day with 2000 shares at $3.80 per share. Stock the
.5.3 Suppose there is a simple index of three stocks, Stock X opens the day with 2000 shares at $3.80 per share. Stock the day with 1000 shares at $3.50 per share. Stock Z opens the day with 3000 shares at $4.30 per share. This simple index rises 5.4% over the course of the day. What is the value of the index at the end of the day? Round your answer to the nearest hundred. A. $24,600 B. $25,800 O C. $24,000
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