Question: I have just 20 min to do it please help Suppose a stock index contains the stock of 3 firms: A, B and C. The
I have just 20 min to do it please help
Suppose a stock index contains the stock of 3 firms: A, B and C. The stock prices for the three firms are $30, $76 and $76, respectively. The firms have 118 million, 136 million and 173 million shares outstanding, respectively 1 the index is value-weighted, calculate its initial value. (round your answer to 2 decimal places)
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