Question: 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

please help
please help A value weighted index includes three stocks. Stock A is

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. What is the value weighted index if the base value of the index is 100 and the initial total market value was 16,000? Conduct your calculation in millions (i.e. 3M shares x $100 = $300M, not $300,000,000) Your

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