Consider the Following Three Stocks The Price-Weighted Index Constructed with the Three Stocks Is
A)

Multiple Choice

Consider the following three stocks: $$\begin{array} { l c c } \text { Stock } & \text { Price } & \text { Number of shares outstanding } \\\hline \text { Stock A } & \$ 40 & 200 \\\text { Stock B } & \$ 70 & 500 \\\text { Stock C } & \$ 10 & 600\end{array}$$
The price-weighted index constructed with the three stocks is

A) 30
B) 40
C) 50
D) 60
E) 70