A market value weighted index has three stocks in it. priced at 58, 81,8, and 80.9...
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A market value weighted index has three stocks in it. priced at 58, 81,8, and 80.9 per share, and each firm has 284, 364 and 282 thousand shares outstanding, respectively. The value of the index today is 913.7. Over the course of a month, the market does its random walk-y thing, and the prices of the three stocks change do 80.3, 91.4, 66.5, respectively. What is the new value of the index? A market value weighted index has three stocks in it. priced at 58, 81,8, and 80.9 per share, and each firm has 284, 364 and 282 thousand shares outstanding, respectively. The value of the index today is 913.7. Over the course of a month, the market does its random walk-y thing, and the prices of the three stocks change do 80.3, 91.4, 66.5, respectively. What is the new value of the index?
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