Question

You have the following information: Stock Shares Outstanding Beginning Share Price Ending Share Price A 1,000...

You have the following information:

Stock Shares Outstanding Beginning Share Price Ending Share Price
A 1,000 $ 35 $ 38
B 2,000 $ 22 $ 23

You want the beginning price-weighted index of these two stocks to be 100. Given this, what is the ending index value?

Multiple Choice

A. 93.44

B. 98.10

C. 107.02

D. 108.36

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