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Consider the following three stocks: Price $ 40 Stock Stock A Stock B Stock C Number of shares outstanding 200 500 $ 70 $ 10
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Answer #1

ANSWER: B. 40

Price Weighted Index (PWI) = Sum of Stock Prices in Index / No. of members

PWI = ($40 + $70 + $10) / 3

PWI = $120 / 3

PWI = $40

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