Consider the Following Three Stocks The Value-Weighted Index Constructed with the Three Stocks Using a \text

Multiple Choice

Consider the following three stocks: $\begin{array}{lll}\text { Stock } & \text { Price Number of shares}& \text { outstanding } \\\text { Stock A } & \$ 40 & 200 \\\text { Stock B } & \$ 70 & 500 \\\text { Stock C } & \$ 10 & 600\end{array}$
The value-weighted index constructed with the three stocks using a divisor of 100 is

A) 1.2.
B) 1200.
C) 490.
D) 4900.
E) 49.