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At the end of day 1, a value-weighted index's value is 1,224.1. What is the day 2 value-weighted index value? Stock Day 1 closing price

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At the end of day 1, a value-weighted index's value is 1,224.1. What is the day 2 value-weighted index value? Stock Day 1 closing price (P1) X $75 Y $12 Z $28 Shares Day 2 Shares (Q1) closing price (Q2) (P2) 1,000,000 $79 1,000,000 2,000,000 $10 2,000,000 3,000,000 $26 3,000,000 1) 1,231.6 2) 1,214.2 3) 1,184.0 4) 1,194.5 5) 1,203.9 At the end of day 1, a price-weighted index's value is 503.7. What is the day 2 price- weighted index value? Shares A B Stock Day 1 closing price (P1) $33 $37 $88 $27 Day 2 closing price (P2) $38 $35 $93 $24 2,000,000 5,000,000 4,000,000 1,000,000 D 1) 513.1 2) 538.2 3) 527.8 4) 517.3 5) 521.4

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