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Homework #6 1-A price weighted index is constructed using the 3 stocks A, B and C. The stock prices and the number of shares outstanding

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Homework #6 1-A price weighted index is constructed using the 3 stocks A, B and C. The stock prices and the number of shares outstanding are given for times 1, 2 and 3. Stock P1 Q1 P2 02 P3 A $45 400 $48.5 400 $26.5 800 B $63 300 $34 600 $34.5 600 C $27 500 $29.5 500 $31.5 500 03 a) Find the value of the price weighted index at time 1. b) Find the value of the price weighted index at time 2 c) Find the value of the price weighted index at time 3

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