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

Name: You have the following information: You want the beginning price-weighted index of these two stocks to be 500.Given this,what is the ending index value?
Brand: Quizplus
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Question

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

Quizplus · Accepted Answer

Beginning price-weighted index = [(15 + 31) / (15 + 31)] × 500 = 500
Ending price-weighted index = [(18 + 35) / (15 + 31)] × 500 = 576.09

You Have the Following Information: You Want the Beginning