Mathematics, 14.02.2021 01:00 jordonlewis

Suppose there is a simple index of three stocks, stock X, stock Y, and stock Z. Stock X opens the day with 5000 shares at $4.30 per share. Stock Y opens
the day with 2000 shares at $3.20 per share. Stock Z opens the day with 8000
shares at $4.90 per share. This simple index rises 4.9% over the course of the
day. What is the value of the index at the end of the day? Round your answer
to the nearest hundred.
A. $68,700
B. $67,100
C. $70,400
D. $68,300

Answers: 2

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Suppose there is a simple index of three stocks, stock X, stock Y, and stock Z. Stock X opens the d...

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