A benchmark index has three stocks priced at $23, $43, and $56. The number ofoutstanding shares for each is 350,000 shares, 405,000 shares, and 553,000 shares,respectively and the price weighted index is 960 today. When the prices change to$23, $41, and $60.5 tomorrow, then what is the new index value tomorrow?975960985970O980

Given, The Benchmark index has three stocks priced at $23, $43, and $56. and number of outstanding…

Answered: A benchmark index has three stocks…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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A company's sales in Seattle were $390,000 in 2012, while their sales in Portland were $270,000 for the same year. Complete the following statements:a. Seattle's sales were % larger than Portland's.b. Portland sales were % smaller than Seattle's.c. Portland sales were % of Seattle's.Give answers accurate to at least one decimal place.
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3. 1,-6, 36,-216, .. a. = (-6)" geometric, a =-7776, a. %3D 1296, a, = (-6)"-1 , = (-6)"- b. geometric, a, n-1 С. arithmetic, a , =-7776, a %3D d. arithmetic, a, = 1296, a, = (-6)"
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