Suppose Stocks A, B and C are the only three component stocks in a benchmark index. The number of shares outstanding of Stocks A, B and C are 355,000 shares, 310,000 shares, and 228,000 shares, respectively.The prices of Stocks A, B and C for Days 1, 2, 3 and 4 are given in the table below:

StockA StockB StockC

Day1 30.07 87.30 78.49

Day2 32.18 42.19 78.02

Day3 32.31 43.43 78.23

Day4 34.36 44.90 78.13

Stock B had a 2-for-1 stock split on Day 2, which explained the drop in the price of Stock B.

If thebenchmark value-weighted index was 1576.36 on Day 1, thebenchmark value-weighted index on Day4 was_____

Answer

. (Note: Answer must be correct to 2 decimal places, but you may leave your answer with more than 2 decimal places.)