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

Multiple Choice

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

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