Question: Question 4 5 points Ralph is constructing a price-weighted index. On March 1, 2XX1, he has the following stocks in the index Company Share price
Question 4 5 points Ralph is constructing a price-weighted index. On March 1, 2XX1, he has the following stocks in the index Company Share price #shares outstanding Walmart $38.59 67,000 Kmart $70.5 99,000 Venture $42.15 48,000 Macy's $14.96 53,000 What is the price-weighted index on March 1, 2XX1? (Do not round Intermediate calculations. Round your answers to 3 decimal places. (e.g. 32,167)
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