Question: Remaining Time: 1 hour, 56 minutes, 34 seconds. Question Completion Status: Moving to another question will save this response. Question 3 27 Question 3 2

Remaining Time: 1 hour, 56 minutes, 34 seconds. Question Completion Status: Moving to another question will save this response. Question 3 27 Question 3 2 points Leve Amer Suppose a stock index contains the stock of 3 firms: A, B and C. The stock prices for the three fums are $43, $55 and $55, respectively. The firms have 115 million, 115 million and 95 million shares outstanding, respectively. If the index is value-weighted, calculate its initial value. (round your answer to 2 decimal places) Question 3 of 27 Moving to another question will save this response. hp

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