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The following three defense stocks are to be combined into a stock index in January 2010 (perhaps a portfolio manager believes these stocks are an
The following three defense stocks are to be combined into a stock index in January 2010 (perhaps a portfolio manager believes these stocks are an appropriate benchmark for his or her performance): Assume the index is scaled by a factor of 10 million; that is, if the average firm's market value is $5 billion, the index would be quoted as 500.
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