Stock a sells at 30 and has 40 million shares outstanding


Stock A sells at $30 and has 40 million shares outstanding in the market. Stock B sells at $45 and has 20 million outstanding shares. Stock C sells $24 and 5 million shares out standing.

a) Calculate the price-weighted and value-weighted market index composed of these three stocks.
b) If stock A is split two for one, how would adjust your answer in part (a)?

 

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Stock a sells at 30 and has 40 million shares outstanding
Reference No:- TGS0637362

Expected delivery within 24 Hours