Three stocks have share prices of $15, $60, and $30 with total market values of $430 million,

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Three stocks have share prices of $15, $60, and $30 with total market values of $430 million, $380 million, and $180 million, respectively. If you were to construct a price-weighted index of the three stocks.

What would be the index value?

Related Book For answer-question

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Jun 09, 2023 02:49 AM

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Three stocks have share prices of $15, $60, and $30 with total market values of $430 million,

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To calculate the priceweighted index value you need to find the sum of t... View the full answer

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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