Question: Question 3 10 points Save As Suppose that a stock index is constructed with three stocks priced at $7, 543, and $56. The number of

Question 3 10 points Save As Suppose that a stock index

Question 3 10 points Save As Suppose that a stock index is constructed with three stocks priced at $7, 543, and $56. The number of outstanding shares for each is 500,000 shares, 405,000 shares, and 553,000 shares, respectively. Today the prices for each stock are changed to $14, $44, and $52 and the number of outstanding shares for each are changed to 250,000 shares, 405,000 shares and 553,000 shares today, what is the price weighted index value today if the index yesterday was 10,500? 10,227 9,875 11,235 9,740 Moving to another question will save this response. Question 3 of 25

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