This is the formula it can help you with the question

A value weighted average weights each stock by its market value the n stocks in the average and the S's are the number of shares o Value Average = P1 X S1 + P2 X S2 + ... + Pn XSn S1 + S2 + ... + Sn In reality, averages like the Dow Jones and S+P 500 use a special in the average composition. For your homework you can just use an of the number of shares in the average for value weighted. Also note for this homework assignment that the numbers will chang the next. Averages Worksheet Attached Files: ICA3Averages.pdf (22.828 KB) O n 66 O