Question: A value weighted index includes three stocks. Stock A is selling at $40, stock B is selling at $30, stock C $50. Stock A has

A value weighted index includes three stocks. Stock A is selling at $40, stock B is selling at $30, stock C $50. Stock A has 130M shares outstanding, while both B and C have 150M shares. What is the value weighted index if the base value of the index is 100 and the initial total market value was 14,300?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Hauck Financial Services has a number of passive, buy-and-hold clients. For these clients, Hauck offers an investment account whereby clients agree to put their money into a portfolio of mutual funds...

please help A value weighted index includes three stocks. Stock A is selling at $7, stock B is selling at $30, stock C $50. Stock A has 20M shares outstanding, while both B and C have 150M shares....

Hi! Please , answer the following question and show work to help me learn: A value weighted index includes three stocks. Stock A is selling at $31, stock B is selling at $30, stock C $50. Stock A has...

A value weighted index includes three stocks. Stock A is selling at $7, stock B is selling at $30, stock C $50. Stock A has 50M shares outstanding, while both B and C have 150M shares. What is the...

QUESTION 1 A market value weighted index has three stocks in it, call them A, B, and C, priced at 37, 82, and 39 per share. Each firm has 430, 283 and 497 thousand shares outstanding, respectively....

A market value weighted index has three stocks in it, call them A, B, and C, priced at 50, 75, and 28 per share. Each firm has 206, 172 and 315 thousand shares outstanding, respectively. The value of...

only the last one An investor buys a corporate bond that pays an interest rate of 6.05 percent. If the investor pays a marginal tax rate of 34.74 percent, what is his after-tax yield? Enter answer in...

A market value weighted index has three stocks in it, call them A, B, and C, priced at 54, 60, and 27 per share. Each firm has 339, 376 and 421 thousand shares outstanding, respectively. The value of...

A market value weighted index has three stocks in it, call them A, B, and C, priced at 75, 46, and 70 per share. Each firm has 179, 463 and 169 thousand shares outstanding, respectively. The value of...

1. A market value weighted index has three stocks in it, priced at 98, 52, and 95 per share, and each firm has 206, 304 and 195 thousand shares outstanding, respectively. The value of the index today...

FIN3003 Home Assignment 1 (Due date: 9 Oct) The assignment can be handwritten or typed. Submission in pdf format via Moodle. You are required to show your work. Providing answers alone will not get...

Under what 3 conditions would an investment holding be a candidate for sale? What must be true about the expected return on a risky investment, when compared with the return on a low-risk investment,...

Springdale University and the Springdale United Way jointly administer a student volunteerism program. Last year, students in the program volunteered an average of 7.3 hours of community service per...

iminy s Cricket Farm issued a 2 0 - year, 5 percent semiannual coupon bond 2 years ago. The bond currently sells for 9 6 percent of its face value. The company s tax rate is 2 1 percent. What is the...

last two options for the multiple choice are : performance management development A construction equipment manufacturer, Roswell Corporation, is focusing on becoming a leader in sustainability in...

(Appendices) Visit Consumer Reports online or obtain an issue from your library and answer the following questions: (a) Who publishes the magazine? (b) Who advertises in the magazine? (c) How are...

(Appendices) Compute unit prices for the following pairs and determine which of the two is the better deal: (a) 3 for $0.98 or 8 for $2.99, (b) 4 for $1.00 or 12 for $3.39, (c) 24 oz. for $1.98 or 36...

(Appendices) Research Perform research to find a recent news story about a business that used deceptive marketing practices, such as price fixing, bait and switch, fake sales, low-balling, or another...