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Consider the following three stocks: Stock PriceNumber of shares outstanding Stock A$40200 Stock B$70500 Stock C$10600 Assume at these prices that the value weighted index

Consider the following three stocks:

Stock PriceNumber of shares outstanding

Stock A$40200

Stock B$70500

Stock C$10600

Assume at these prices that the value weighted index constructed with the three stocks is 490.What would the index be if stock B is split 2 for 1 and stock C 4 for 1?

265

430

355

490

1000

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