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Question of 27 Question 9 2 points Tave Awe Suppose a stock index contains the stock of 3 firms A, B and C. The stock

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Question of 27 Question 9 2 points Tave Awe Suppose a stock index contains the stock of 3 firms A, B and C. The stock prices for the three firms are $44, 562 and $27, respectively. The firm have 113 million, 157 million and 166 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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