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A value weighted index includes three stocks. Stock A is selling at $40, stock B is selling at $30, stock C $50. Stock A has
A value weighted index includes three stocks. Stock A is selling at $40, stock B is selling at $30, stock C $50. Stock A has 130M shares outstanding, while both B and C have 150M shares. What is the value weighted index if the base value of the index is 100 and the initial total market value was 14,300?
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