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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

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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 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 $74.00 10000 $76.00 10000 $78.00 20000 $85.50 16000 $45 50 32000 $48.00 32000 Y $31.00 20000 $34.00 20000 $33 00 20000 Z $10.00 24000 $18.00 24000 $21.00 24000 What is the price weighted index value on Day 2? (Round your answers to 2 decimal places in your calculations) 21.15 26.17 O 31 28 55.08 42 36

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