Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question

Transcribed Image Text:Three stocks have share prices of $23, $70, and $22 with total market values of $435 million, $340 million and $135 million respectively. If you were to
construct a price-weighted index of the three stocks what would be the approximate index value?
Multiple Cholce
38
22
69
435
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