A capitalization-weighted index is composed of 2 stocks. Stock A is trading for $75, and stock B

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Question:

A capitalization-weighted index is composed of 2 stocks. Stock A is trading for $75, and stock B is trading for $51. If there are 6 million shares outstanding in stock A, and 13 million shares outstanding in stock B, then the index value is closest to:

A. 60.70

B. 47.59

C. 58.58