What is the value of the index

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Question: A market value-weighted index has three stocks (Tickers: ABC, DEF, and GHI). ABC is priced at $40 and has 300 shares outstanding, DEF is priced at $55 and has 200 shares outstanding, and GHI is priced at $80 and has 200 shares outstanding. Each stock originally sold for $30, $75, and $50, respectively, with 100 shares outstanding. If the base index value is 100, what is the value of the index? (two decimals)

Reference no: EM133491956

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