There are two stocks, A and B, which make up a particular price-weighted index. Below are the closing prices and number of shares outstanding for each stock for yesterday and today. Stock B split 3-for-1 today before the market opened. What is the value of the index after the close today if the index contains stocks A and B and closed yesterday at 115.00 (before stock B split 3-for-1)?

Yesterday Today

Closing price of stock A $150 $162

Shares outstanding for stock A 100 100

Closing price of stock B $80 $25

Shares outstanding for stock B 60 180

Index value 115.00 ?