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You Have the Following Information You Want the Beginning Price-Weighted Index of These Two Stocks

Question 89

Multiple Choice

You have the following information:
 Stock  Shares Outstanding  BOY Price  EOY Price  L 3,000$15$28 K 57,000$31$35\begin{array}{cccc}\text { Stock } & \text { Shares Outstanding } & \text { BOY Price } & \text { EOY Price } \\\text { L } & 3,000 & \$ 15 & \$ 28 \\\text { K } & 57,000 & \$ 31 & \$ 35\end{array}

You want the beginning price-weighted index of these two stocks to be 500. Given this, what is the ending index value?


A) 408.33
B) 487.08
C) 511.19
D) 576.09
E) 612.24

Correct Answer:

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