A benchmark index has three stocks priced at $23, $43, and $56. The number of outstanding shares for each is 350,000 shares, 405,000 shares, and 553,000 shares, respectively. If the market value weighted index was 970 yesterday and the prices changed to $23, $41, and $58 today, what is the new index value?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A benchmark index has three stocks priced at $23, $43, and $56. The number of outstanding shares for each is 350,000 shares, 405,000 ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
In long-run equilibrium, a purely competitive firm will operate where price is: A. greater than MR but equal to MC and minimum ATC. B. greater than MR and MC, but equal to minimum ATC. C. greater than MC and minimum ATC, but equal to MR. D.
Answers (1)
Charlie's Pizza orders all of its pepperoni, olives, anchovies, and mozzarella cheese to be shipped directly from Italy. An American distributor stops by every five weeks to take orders.
Answers (1)
A firm has redesigned its production process so that it now takes 10 hours for a unit to be made. Using the old process, it took 15 hours to make a unit.
Answers (1)
Economic efficiency indicates that a. all pollution should be eliminated. b. automobiles should be made as safe as possible c. if something is worth doing, you should do it as well as humanly possible. d.
Answers (1)
When opening a check account, the bank does not run an account verification if you provide a state-issued ID. true or false
Answers (1)
New Questions in Business
Combining drugs usually leads to
Answers (1)
acquired 20600 shares of its own common stock at $18 per share on February 5, 2020, and sold 10300 of these shares at $25 per share on August 9, 2021.
Answers (1)
Quincy listed information from his credit report. Which list could Quincy have written? A previous address, current address, bankruptcy, car loan payment history current B address, monthly income, car loan payment history, date of birth C previous
Answers (1)
Garcia Company issues 11.0%, 15-year bonds with a par value of $440,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 9.0%, which implies a selling price of 114.
Answers (1)
If supply and demand are neither perfectly elastic nor inelastic (i. e. supply slopes upward and demand slopes downward), what will be the effect of a tax of $10 on the market for luxury purses that sell for $500? A.
Answers (1)