Question
Stocks A, B, and C are priced at $65, $35, and $23 with total market values of $440 million, $390 million, and $190 million, respectively.
Stocks A, B, and C are priced at $65, $35, and $23 with total market values of $440 million, $390 million, and $190 million, respectively. If you were to construct a price-weighted index of the three stocks, what would be the index value?_________.
| A. | 41 | |
| B. | 52 | |
| C. | 101 | |
| D. | 137 |
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
7th Edition
1259919714, 978-1259919718
