Suppose a stock index contains the stock of 3 firms A, B and C. The...
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Suppose a stock index contains the stock of 3 firms A, B and C. The stock prices for the three firms are $33, $50 and $75, respectively. The firms have 52 million, 108 million and 117 million shares outstanding. respectively. It the indexx is price-weighted, calculate ts initial value. (round your answer to 2 declma
Suppose a stock index contains the stock of 3 firms A, B and C. The stock prices for the three firms are $33, $50 and $75, respectively. The firms have 52 million, 108 million and 117 million shares outstanding. respectively. It the indexx is price-weighted, calculate ts initial value. (round your answer to 2 declma
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