Solved

Today,Stock a Is Worth $20 and Has 1,000 Shares Outstanding

Question 60

Multiple Choice

Today,Stock A is worth $20 and has 1,000 shares outstanding. Stock B costs $30 and has 500 shares outstanding. Stock C is priced at $50 per share and has 1,200 shares outstanding. If,tomorrow,Stock A is priced at $22,Stock B at $35,and Stock C is worth $48,what would the value-weighted index amount equal? (The index has a base period value of 100.)


A) 35.00
B) 105.00
C) 108.44
D) 101.45
E) 102.21

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents