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Consider the following 3 stocks: Stock A price =40 no. of shares = 200: Stock B Price = 40 no. of shares = 500 Stock

Consider the following 3 stocks:

Stock A price =40 no. of shares = 200:

Stock B Price = 40 no. of shares = 500

Stock C Price = 10 no. of shares = 600

Assume a value weighted index for the stock today is at 490. What would the index be if stock Bsplit 2 for 1 and stock C split 4 for 1?

A.

355

B.

265

C.

430

D.

490

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