A market-cap weighted index includes the below three stock, where the value at the beginning of the year was 100 point. What will be the value of the index at the end of the year.

Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter12: Corporations: Organization, Stock Transactions, And Dividends
Section: Chapter Questions
Problem 8BE: Earnings per share Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow:...
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A market-cap weighted index includes the below three stock, where the value at the beginning of the year was 100 point. What will be the value of the index at the end of the year.

 

Stock
A
B
C
As of Beginning of Year
No. of
As of Ending of Year
Outstanding Price per Share No. of Outstanding
Shares
($)
Shares
10,000
15
10,000
5,000
50
5,000
500
85
500
Price per Share
($)
10
50
100
Transcribed Image Text:Stock A B C As of Beginning of Year No. of As of Ending of Year Outstanding Price per Share No. of Outstanding Shares ($) Shares 10,000 15 10,000 5,000 50 5,000 500 85 500 Price per Share ($) 10 50 100
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