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Question 2: hare prices and the number of shares outstanding for the 3 The following table shows share prices and the number of shares on

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Question 2: hare prices and the number of shares outstanding for the 3 The following table shows share prices and the number of shares on Stocks used to compute the BU3 value weighted index. Day 1 Stock Price $50 $70 $60 Shares 10,000,000 5,000,000 12,000,000 a. Assume that the BU3 index was started on Day 1. By the end of Day 2 Stock C has a 2 for 1 stock split and the price of Stock A has increased by 5 percent. Compute the closing value of the index for Day 2. (12 pts)

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