Given the following two stocks, and their prices and numbers of shares at t=0 and t=1.

Stock	N0	P0	N1	P1
J	100	25.00	200	12.50
K	200	12.50	200	15.00

Using the market-value weighted index, and set the initial index to 100. What is the market-value weighted index at t=1?

• A.

  105

• B.

  110

• C.

  120

• D.

  125