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Suppose ABC and DEF are the only constituent stocks of an equal-weighted EW Index. Given the following data: Stock Po P1 Shares Shares Outstanding on

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Suppose ABC and DEF are the only constituent stocks of an equal-weighted EW Index. Given the following data: Stock Po P1 Shares Shares Outstanding on Outstanding on Day 0 Day 1 ABC 80 42 1 million 2 million DEF 30 592 million 1 million Suppose EW Index was 1000.00 points on day O. What is its value on day 1? Select one: a. 1016.67 b. 1021.43 c. 1037.50 d. 1245.83 e. None of the above

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