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The price and market capitalizations of Intel, Microsoft, NIKE, and Alphabet are listed as follows. Intel: $47.60/Share: Market Cap = $188.7 billion Microsoft: $305.40/Share: Market

The price and market capitalizations of Intel, Microsoft, NIKE, and Alphabet are listed as follows.

  • Intel: $47.60/Share: Market Cap = $188.7 billion
  • Microsoft: $305.40/Share: Market Cap = $2.2 trillion
  • NIKE: $115.70/Share: Market Cap = $286.6 billion
  • Alphabet: $2489.00: Market Cap = $1.9 trillion

Calculate the price of the market capitalization weight index.

a. 739.43

b. 266.89

c. 1,238.80

d. 1,189.68

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