Question: An analyst decides to create a value - weighted index for the Three Stooges group of businesses. As at Day 1 here is the relevant

An analyst decides to create a value-weighted index for the Three Stooges group of businesses. As at Day 1 here is the relevant data:CompanyPriceNo. of SharesMarket Capitalization ($m)Larry Ltd$2220 million$440Curly Ltd$1510 million$150Moe Ltd$2030 million$600 $1190On the next day, share prices have changed toCompanyPriceNo. of SharesMarket Capitalization ($m)Larry Ltd$2220 million$440Curly Ltd$1610 million$160Moe Ltd$1830 million$540 $1140Calculate the value of the Three Stooges group Index as at day 2:Select one:a.1.14b.877c.1000d.958

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