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Business, 14.04.2020 21:04 itscheesycheedar

A benchmark index has three stocks priced at $37, $60, and $70. The number of outstanding shares for each is 420,000 shares, 545,000 shares, and 693,000 shares, respectively. If the market value weighted index was 880 yesterday and the prices changed to $37, $56, and $74, what is the new index value?

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A benchmark index has three stocks priced at $37, $60, and $70. The number of outstanding shares for...
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