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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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