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- Suppose you use the following 3 automobile stocks to create an index. Stock Name: Tesla GM Ford Price per share: $ 450 $ 33

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- Suppose you use the following 3 automobile stocks to create an index. Stock Name: Tesla GM Ford Price per share: $ 450 $ 33 $ 8 # Shares outstanding: 930 1,431 3,978 A. Assuming a "value weighted"index, determine the index number. Divisor = 1,500. Show all work. B. Assuming a "price-weighted" index, determihe the index number. Divisor - 3.75. Show all work

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