Question

The stock prices of five companies are $50, $60, $55, $58 and $63 then the initial value of price weighted index is

a.

60

b.

57.2

c.

55

d.

63

Answer: (b).57.2

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Q. The stock prices of five companies are $50, $60, $55, $58 and $63 then the initial value of price weighted index is

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