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Question
Stocks XX, YY, and ZZ, initially priced at $35, $65, and $72, respectively, comprise a price-weighted index with a base value of 100. One year later the stocks above were valued at $40, $69, and $87, respectively. What was the value of the index at the end of year one?a. 88
b. 100
c. 114
d. 124
e. 196
Answer
This answer is hidden. It contains 3 characters.
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