CourseFinancial Makets and Institutions

Choose the best answer from the given alternatives Moonaca is a small country with only listed stocks on its stock exchange. Using the following data create a market capitalisation index. 3. Number of Shares issued Price on Index Creation Day Stock 200 400 700 800 $35 $72 $15 $10 If the value of the stock index is set at 100 on the index creation date, what will be the value of the index when stock prices are the following: Stock Price $30 $75 $13 $8 Stock A) 100.25 B) 105.44 C) 94.84 D) 1.0219 E) None of the above