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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 $57, $36 and
Suppose a stock index contains the stock of 3 firms: A,B and C. The stock prices for the three firms are $57, $36 and $20. The firms have 72 million, 99 and 145 million shares outstanding, respectively. If the index is value- weighted calculate the initial value
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Financial statements
Authors: Stephen Barrad
5th Edition
978-007802531, 9780324186383, 032418638X
