Global Stock Index is a value weighted index with just 2 stocks in the index:

ABC stock and XYZ stock. ABC ended 2017 at a price of $55 and had 1 million shares outstanding. XYZ stock ended 2017 at a price of $32 and had 4 million shares outstanding.

ABC ended 2018 at a price of $29 (after a 2-for-1 split). XYZ stock closed at $35 for 2018 and had the same number of shares as 2017. What is the index value in 2018 (2017 base index - 100)?

Question 18 options:

	100.00
	Cannot be determined from the information given
	108.20
	92.35