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Three stocks have share prices of $15, $78, and $30 with total market values of $400 million, $350 million, and $150 million, respectively. If you
Three stocks have share prices of $15, $78, and $30 with total market values of $400 million, $350 million, and $150 million, respectively. If you were to construct a price-weighted index of the three stocks, what
would be the index value?
A. | 39 | |
B. | 41 | |
C. | 300 | |
D. | 53 |
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