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suppose a stock index contains the stock of 3 firms: A, B, C. the stock prices for the three firms are $75, $64 and $21,
suppose a stock index contains the stock of 3 firms: A, B, C. the stock prices for the three firms are $75, $64 and $21, respectively. the firms have 84 million, 133 million and 66 million shares outstanding, respectively. if the index is value-weighted, calculate its initial value. ( round to 2 decimal places)
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