QUESTION 1 A market value weighted index has three stocks in it, call them A, B, and C, priced at 37, 82, and 39 per share. Each firm has 430, 283 and 497 thousand shares outstanding, respectively. The value of the index at that time is 702. Over the course of the next quarter, the prices of the three stocks change to 81, 25, 68, respectively. What is the new value of the index? Enter answer accurate to two decimal places. QUESTION 2 A market value weighted index has three stocks in it, call them A, B, and C, priced at 67, 83, and 54 per share. Each firm has 151, 389 and 403 thousand shares outstanding, respectively. The value of the index at close of trading day is 863. At this time, the index decides to remove stock C from the index, and in its place to insert stock D. Stock D has a closing price of $90 per share, and 399 thousand shares outstanding. What is the new value of the index divisor, after the substitution? Enter answer accurate to two decimal places. QUESTION 1 A market value weighted index has three stocks in it, call them A, B, and C, priced at 37, 82, and 39 per share. Each firm has 430, 283 and 497 thousand shares outstanding, respectively. The value of the index at that time is 702. Over the course of the next quarter, the prices of the three stocks change to 81, 25, 68, respectively. What is the new value of the index? Enter answer accurate to two decimal places. QUESTION 2 A market value weighted index has three stocks in it, call them A, B, and C, priced at 67, 83, and 54 per share. Each firm has 151, 389 and 403 thousand shares outstanding, respectively. The value of the index at close of trading day is 863. At this time, the index decides to remove stock C from the index, and in its place to insert stock D. Stock D has a closing price of $90 per share, and 399 thousand shares outstanding. What is the new value of the index divisor, after the substitution? Enter answer accurate to two decimal places