Question: Question 8 2 points Save Answer Suppose a stock index contains the stock of 3 firms: A, B and C The stock prices for the

Question 8 2 points Save Answer Suppose a stock index contains

Question 8 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 $54, $56 and $30, respectively. The firms have 140 million, 62 million and 60 million shares outstanding, respectively. If the index is price-weighted, calculate its initial value (round your answer to 2 decimal places)

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