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*** 6 points*** Using the following table and assuming that the stock index was 1,000 at time 0, what is the stock market index in
- *** 6 points*** Using the following table and assuming that the stock index was 1,000 at time 0, what is the stock market index in period 1 if the stock market had only 3 stocks in it with the following information at time zero and time 1? (Shares and Mrk Cap are in millions.)
Price/sh 0 | # shares 0 | Mrk cap 0 | Price 1 | # shares 1 | Mrk Cap 1 | |
Stk 1 | 230 | 26 |
| 240 | 18 |
|
Stk 2 | 270 | 14 |
| 260 | 15 |
|
Stk 3 | 400 | 35 |
| 420 | 45 |
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