Question: Question 6 2 points Save Answer Suppose a stock index contains the stock of 3 firms: A, B and C. The stock prices for the

Question 6 2 points Save Answer Suppose a stock index contains

Question 6 2 points Save Answer Suppose a stock index contains the stock of 3 firms: A, B and C. The stock prices for the three firms are $32, $72 and $42, respectively. The firms have 61 million, 186 million and 143 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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