Answered step by step
Verified Expert Solution
Question
1 Approved Answer
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
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started