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Suppose a stock index contains the stock of 3 firms A, B and C The stock prices for the three firms are $54. 551 and

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Suppose a stock index contains the stock of 3 firms A, B and C The stock prices for the three firms are $54. 551 and $43, respectively. The fems have 81 million, 163 million and 121 mibon shar outstanding, respectively. If the index is value-weighted, calculate its initial value (round your answer to 2 decimal places) Suppose a stock index contains the stock of 3 firms A B and C. The stock prices for the three firms are 354, 551 and 543, respectively. The firms have 81 million 163 million and 121 million shares outstanding, respectively the index is value-weighted, calculate its initial value (round your answer to 2 decimal places)

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