The index includes only two stocks as follows:

Company A 50 shares valued at P2 each (Day 0).

Company B 10 shares valued at P10 each (Day 0).

Given that the value-weighted index was originally set at 100 (Day 0) and Company A's stock is currently selling for P4 per share (Day 1) while Company Bs stock is still at P10 per share (Day 1):

1)What is the current value (Day 1) of the index assuming it is a price-weighted index?

2)What is the current value (Day 1) of the index assuming it is a value-weighted index?