Question: Problem 5 - 1 6 Value - Weighted Indexes ( LO 4 , CFA 2 ) The following three defense stocks are to be combined

Problem 5-16 Value-Weighted Indexes (LO4, CFA2)
The following three defense stocks are to be combined into a stock index in January 2022(perhaps a portfolio manager believes these stocks are an appropriate benchmark for his or her performance). Assume the index is scaled by a factor of 10 million; that is, if the total value of all firms in the market is $5 billion, the index would be quoted as 500.
\table[[,,,Price,],[Douglas McDonnell,Shares (millions),11?22,11?23,11?24
 Problem 5-16 Value-Weighted Indexes (LO4, CFA2) The following three defense stocks

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