Multiple Choice
Three stocks have share prices of $12, $75, and $30 with total market values of $400 million, $350 million, and $150 million, respectively. If you were to construct a price-weighted index of the three stocks, what would be the index value?
A) 300
B) 39
C) 43
D) 30
Correct Answer:
Verified
Correct Answer:
Verified
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