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Use the following information to answer Questions 14-18. The table below reports the closing market prices (P) and shares outstanding (SO) for two stocks: ABC

Use the following information to answer Questions 14-18. The table below reports the closing market prices (P) and shares outstanding (SO) for two stocks: ABC and XYZ. Note that stock XYZ has a 3 for 1 stock split which may, or may not, impact index construction.What is the value of the Value-Weighted Index as of Period 3?

Period

ABC

XYZ

P

SO

P

SO

1

45.00

110

112.00

300

2

47.00

110

119.00

300

3

49.00

110

41.33

900

a) 91.56

b) 92.21

c) 110.47

d) 136.88

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