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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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