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New Stock Index is a price weighted index with the following three stocks in the index. Stock 2 executed a 2 for 1 split in

New Stock Index is a price weighted index with the following three stocks in the index. Stock 2 executed a 2 for 1 split in year 2:
Price Year 1
Price Year 2
Stock 1
$34.00
$38.00
Stock 2
$26.00
$18.00
Stock 3
$20.00
$45.00
In year 1 and year 2 respectively which stocks would have the MOST weight in the index?
Question 17 options:
Stock 3; Stock 2
Stock 3; Stock 1
Stock 2; Stock 2
Stock 1; Stock 3

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