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A price-weighted index is constructed using the 4 stocks W, X, Y and Z. The stock prices and the number of shares outstanding are given
A price-weighted index is constructed using the 4 stocks W, X, Y and Z. The stock prices and the number of shares outstanding are given for days 1, 2 and 3.
| Day 1 | Day 1 | Day 2 | Day 2 | Day 3 | Day 3 |
Stock | Price | Shares | Price | Shares | Price | Shares |
W | $245.00 | 10000 | $125.50 | 20000 | $127.50 | 20000 |
X | $114.00 | 16000 | $118.50 | 16000 | $62.50 | 32000 |
Y | $125.50 | 20000 | $131.00 | 20000 | $132.75 | 20000 |
Z | $85.75 | 12000 | $91.25 | 12000 | $95.00 | 12000 |
What is the price weighted index value on Day 3? (Round your answers to 3 decimal places in your calculations).
98.538 | ||
152.374 | ||
87.515 | ||
114.634 | ||
66.725 |
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