Question
onsider the following three stocks: Stock Price Number of shares outstanding Stock A $40 200 Stock B $70 500 Stock C $10 600 The value-weighted
onsider the following three stocks:
Stock Price Number of shares outstanding
Stock A $40 200
Stock B $70 500
Stock C $10 600
The value-weighted (market-cap weighted) index constructed with the three stocks using a divisor of 100 is
| A) 1.2
| ||
| B) 1200
| ||
| C) 490
| ||
| D) 4900
| ||
| E) 49 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Personal Finance For Dummies
Authors: Eric Tyson
9th Edition
1119517893, 978-1119517894
