FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A capitalization-weighted index is composed of 2 stocks. Stock A is trading for $75, and stock B is trading for $51. If there are 6

A capitalization-weighted index is composed of 2 stocks. Stock A is trading for $75, and stock B is trading for $51. If there are 6 million shares outstanding in stock A, and 13 million shares outstanding in stock B, then the index value is closest to:


A. 60.70

B. 47.59

C. 58.58

Step by Step Solution

★★★★★

3.48 Rating (151 Votes )

There are 3 Steps involved in it

Step: 1

The detailed answer for the above question is provided below The correct answer is A 6070 Heres how ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Labor Economics

Labor Economics

Authors: George J. Borjas

6th edition

73523208, 2900073523209 , 978-0073523200

More Books

Students also viewed these Accounting questions

Question

★★★★★
A researcher wanted to find out if there was difference between older movie goers and younger movie goers with respect to their estimates of a successful actors income. The researcher first...

Answered: 1 week ago

Question

★★★★★
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...

Answered: 1 week ago

Question

★★★★★
My question is how to write the code in WareHouse.java This is WareHouse.java package warehouse; /* * * This class implements a warehouse on a Hash Table like structure, * where each entry of the...

Answered: 1 week ago

Question

★★★★★
Suppose that the weight of a typical American male follows a normal distribution with = 180 lb and = 30 lb. Also, suppose 91.92% of all American males weigh more than I weigh. a. What fraction of...

Answered: 1 week ago

Question

★★★★★
The following journal entries were prepared by an employee of International Marketing Company who does not have an adequate knowledge of accounting. INSTRUCTIONS Examine the journal entries carefully...

Answered: 1 week ago

Question

★★★★★
Multiple Choice Questions 1. You are given the following cost and volume information for a cost incurred in the production of automobiles: Volume (in units) Cost per Unit (in $) 1 .............1,500...

Answered: 1 week ago

Question

★★★★★
A driver responsible for a car accident disappears after the accident. After investigating the case, police believe with 70% probability that the accident was caused by a car with plate number XYZ...

Answered: 1 week ago

Question

★★★★★
1. From a management perspective, why did the company allow the initial childish behavior (coffee on the seat, spit on the steering wheel, etc.) to escalate into employee confrontation. 2. When does...

Answered: 1 week ago

Question

★★★★★
E21.15 (L02) (Amortization Schedule and Journal Entries for Lessee) Laura Leasing SA signs an agreement on January 1, 2019, to lease equipment to Plote AG. The following information relates to this...

Answered: 1 week ago

Question

★★★★★
A double pipe heat exchanger is made of a 6-nom sch 40 commercial steel outer pipe and a 5-nom sch 40S stainless steel inner pipe. The fluid in the annular space is cyclohexane that has a volumetric...

Answered: 1 week ago

Question

★★★★★
Question 7 V A Given f(x, y) = 2x + 3y 6x+2y find f(x, y) = fy(x, y) = > Next Question

Answered: 1 week ago

Question

★★★★★
Let f C C, differentiable at the origin, f(0) = 0, and satisfy f(2z) = 2f(z) for all z = C. Prove that there exists c E C such that f(z) = cz for all z = C.

Answered: 1 week ago

Question

★★★★★
Present two of Kaiser Permanente's competitors and explain whether you believe they are a prospector, defender, analyzer, or reactor. ( Class- Strategic Management)

Answered: 1 week ago

Question

★★★★★
1 . You may purchase a parcel of land for its current market price of $ 6 , 0 0 0 , 0 0 0 . Restrictive covenants only allow you to build a hotel on the land. 2 . The parcel of land is currently...

Answered: 1 week ago

Question

★★★★★
Write SQL statement to create a single table for the STAR entity identified in the E-R model you created last week. Then add one or two rows of sample data into the STAR table (feel free to pick your...

Answered: 1 week ago

Question

★★★★★
2. If the coordinate frame oixiyizi is obtained from the coordinate frame ooxoyozo by a rotation of /2 about the x-axis followed by a rotation of /2 about the fixed y-axis, find the rotation matrix R...

Answered: 1 week ago

Question

★★★★★
Kim Distribution Services (KDS) distributes food purchased in bulk to small retailers. The firm is divided into two divisions: Purchasing and Distribution. Purchasing is responsible for ordering...

Answered: 1 week ago

Question

★★★★★
Explain how two samples can have the same mean but different standard deviations. Draw a bar graph that shows the two samples, their means an standard deviations as error bars. T S

Answered: 1 week ago

Question

★★★★★
Ms. Aura is a psychic. The demand for her services is given by Q = 2,000 - 10P, where Q is the number of one-hour sessions per year and P is the price of each session. Her marginal revenue is MR =...

Answered: 1 week ago

Question

★★★★★
The hedonic wage function is the locus of points that illustrates the relationship between the wage that workers get paid and job characteristics. All else equal, the more pollutants miners breathe...

Answered: 1 week ago

Question

★★★★★
(a) How does the offering of stock options to CEOs attempt to align CEO incentives with share holder incentives? (b) Enron was a company that was ruined in part because of the stock options offered...

Answered: 1 week ago

Question

★★★★★
=+33. The article Residual Stresses and Adhesion of Thermal Spray Coatings (Surface Engr., 2005: 3540) considered the relationship between the thickness (mm) of NiCrAl coatings deposited on stainless...

Answered: 1 week ago

Question

★★★★★
=+a. The authors were interested in predicting PLR based on the pile inner diameter. Transform only the independent variable x so that a scatterplot of the transformed data shows a substantial linear...

Answered: 1 week ago

Question

★★★★★
=+c. Roughly what is the size of a typical deviation of points in the scatterplot from the least squares line?

Answered: 1 week ago

Previous Question Next Question