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please first Suppose a stock index contains the stock of 3 firms: A, B and C. The stock prices for the three firms are $59,
please first
Suppose a stock index contains the stock of 3 firms: A, B and C. The stock prices for the three firms are $59, 352 and $55, respectively The firms have 113 million, 115 million and 160 million shares outstanding, respectively. If the index is value-weighted, calculate its initial value. (round your answer to 2 decimal places)
Seaplan Click Submit to complete this assessment. estion 27 pens Suppose a stock index contains the stock of 3 firms A, B and C. The stock prices for the three firms are $50, 552 and 556, pecively. The fes have 113 115 and 160 outstanding, respectively. If the index is value-weighted, calculate its initial value (round your answer to 2 decimal places) Step by Step Solution
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