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Management · Q579

International Finance and Treasury

Graduate and Post Graduate · Management · question 579

Q579

Stock prices of five companies are 50, 60, 55, 58, 63 then initial value of price weighted index is

A.
$60
B.
$57.20
Answer
C.
$55
D.
$63

Answer: Option B

Solution

Answer: Option B
Solution:
Initial value of price weighted index = (60 + 58 + 57.20.