A value-weighted index consists of 3 stocks and stands at 6,000 at the beginning of the month. The prices, market capitalization, and free float of the stocks are as follows. Stock A: price 500, market cap. 2,5 trillion, and free float 20%. Stock B: price 300, market cap. 1,5 trillion, and free float 60%. Stock C: price 200, market cap. 4 trillion, and free float 15%. If by the end of the month, only stock C falls to 160, what will be the index a. 5.840 b. 5.640 c. 4.800 d. 5.400 Please answer this question ASAP, if write and upload the paper calculation really take a time, then just write the right multiple choice, Thank you

Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter7: Linear Regression
Section: Chapter Questions
Problem 7P: The Dow Jones Industrial Average (DJIA) and the Standard Poors 500 (SP 500) indexes are used as...
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A value-weighted index consists of 3 stocks and stands at 6,000 at the beginning of the month. The prices, market capitalization, and free float of the stocks are as follows. Stock A: price 500, market cap. 2,5 trillion, and free float 20%. Stock B: price 300, market cap. 1,5 trillion, and free float 60%. Stock C: price 200, market cap. 4 trillion, and free float 15%. If by the end of the month, only stock C falls to 160, what will be the index a. 5.840 b. 5.640 c. 4.800 d. 5.400 Please answer this question ASAP, if write and upload the paper calculation really take a time, then just write the right multiple choice, Thank you
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