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.
You might be interested in
Answer:
of fish in this aquarium are guppies.
Step-by-step explanation:
Let x be the number of guppies and y be the number of swordtails in the aquarium,
According to the question,
By cross multiplication,
Thus, the ratio of guppies and swordtail fishes is 8 : 9
Let guppies = 8x, swordtail = 9x
Where, x is any number,
Since, the aquarium contains only two kinds of fish, guppies and swordtails,
So, the total fishes = 8x + 9x = 17x
Hence, the fraction of fish in the aquarium are guppies =