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The Franklin Index is a value-weighted index that had a value last year of 4,300. The Index is composed of the three stocks in this

The Franklin Index is a value-weighted index that had a value last year of 4,300. The Index is composed of the three stocks in this table. The market prices and outstanding shares for last year and for today are given in the table. What should be todays Franklin Index value?

Stock

Last years data

Todays data

Price

Shares out

Price

Shares out

1

$50

1,000

$55

1,000

2

120

500

120

500

3

30

500

45

500

A.

4,730

B.

4,910

C.

4,510

D.

4,375

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