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The Chompers Index Is a Price Weighted Stock Index Based

Question 60

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:

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