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QUESTION
Three stocks have shares prices of $12, $75 and $30 with total market values of $400 million, $350 million and $150 million respectively.
Three stocks have shares prices of $12, $75 and $30 with total market values of $400 million, $350 million and $150 million respectively. If you were to construct a price-weighted index of the three stocks what would be the index value?
