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The EV Index is a price weighted stock index based on the 3 largest electric vehicle manufacturers in the nation. Consider these stocks in the

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The EV Index is a price weighted stock index based on the 3 largest electric vehicle manufacturers in the nation. Consider these stocks in the following table. Pt represents price at time t, and Qt represents shares outstanding at time t. (Please pay close attention to stock split) QO P1 Q1 P2 Q2 A A 80 200 85 200 90 200 B 60 300 70 300 35 1200 65 200 67 200 70 200 a. What is the divisor for the price weighted index in year 2? (sample answer: 2.55) b. What is the price weighted index at t=1? (sample answer: 156.45) C. What is the price weighted index at t=2? (1 sample answer: 56.45)

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