Multiple Choice
The Chompers Index is a price weighted stock index based on the 3 largest fast food chains.The stock prices for the three stocks are $54,$23,and $44.What is the price weighted index value of the Chompers Index?
A) 23.43
B) 35.36
C) 40.33
D) 49.58
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q8: The interest rate charged by large banks
Q10: A tax free municipal bond provides a
Q38: The Hydro Index is a price weighted
Q39: A stock quote indicates a stock price
Q51: Ownership of a put option entitles the
Q56: The price quotations of treasury bonds in
Q62: _ voting of common stock gives minority
Q63: In calculating the Dow Jones Industrial Average,
Q65: Three stocks have share prices of $12,
Q65: The most actively traded money market security