Three stocks have share prices of $12, $75, and $30 with total market values of $400 million, $350 million and $150 million resp
1 answer:
Answer:
B. 39
Step-by-step explanation:
The total market share values of the stocks does not influence on the price-weighted index, as the index is simply obtained by the sum of all share prices divided by the number of different stocks. The price-weighted index of the three stocks is:
The answer is alternative B. 39.
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<h2>Answer:</h2>
x = 1
y = 1
<h3>Step-by-step explanation:</h3>Substitute into one of the equations
Rearrange variables to the left sider of the equation
Combine like terms
Divide both sides of the equation by the coefficient of variable
Determine the sign for multiplication or division
Cross out the common factor
Substitute into one of the equations
The solution of the system is
<em>I hope this helps you</em>
<em>:)</em>