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You set up a value-weighted index consisting of Shares X, Y and Z. At the end of the period the price of Share X is
You set up a value-weighted index consisting of Shares X, Y and Z. At the end of the period the price of Share X is $22.20, the price of Share Y is $35.16 and the price of Share Z is $45.21, and the number of shares of X, Y and Z in the index is 443, 311 and 220 respectively. What is the weighting of Share X in the index at the end of the period? Select one:
a. 32.02%
b. 35.10%
c. 34.10%
d. 33.07%
The correct answer is: 32.02%
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