Question: Question 25 2 points Seve Answer Suppose a stock index contains the stock of 3 firms: A, B and C. The stock prices for the

Question 25 2 points Seve Answer Suppose a stock index contains the stock of 3 firms: A, B and C. The stock prices for the three firms are $75, $23 and $24, respectively. The firms have 110 milion, 61 milion and 150 million shares outstanding, respectively. If the index is value-weighted, calculate its initial value. (round your answer to 2 decimal places)

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