Question
The Chompers Index is a price weighted stock index based on the 3 largest fast food chains. The stock prices for the three stocks are
The Chompers Index is a price weighted stock index based on the 3 largest fast food chains. The stock prices for the three stocks are $78, $35, and $68. What is the price weighted index value of the Chompers Index?
a)48.67
b)60.33
c)34.33
d)73.00
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The International Handbook Of Public Financial Management
Authors: Richard Allen, Richard Hemming, B. Potter
1st Edition
1137574895, 978-1137574893
