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6. Consider the following three stocks: Stock Price Number of shares outstanding Stock A $40 200 Stock B $70 500 Stock C $ 10 600

6. Consider the following three stocks: Stock Price Number of shares outstanding Stock A $40 200 Stock B $70 500 Stock C $ 10 600 Assume at these prices that the value weighted index constructed with the three stocks is 490. What would the index be if stock B is split 2 for 1 and stock C 4 for 1? a. 265 b. 430 c. 355 d. 490 e. 1000

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