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Question 15 Suppose a stock index contains the stock of 3 firms AB and C. The Mock prices for the three firms are $71, $31

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Question 15 Suppose a stock index contains the stock of 3 firms AB and C. The Mock prices for the three firms are $71, $31 and $24, respectively. The firms have 153 milion, 185 milion and 72 million shares outstanding, respectively. If the index is value-weighted, calculate its initial value (round your answer to 2 decimal places)

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