Stock prices of five companies are $50, $60, $55, $58, $63 then initial value of price weighted index is
A. $60
B. $57.20
C. $55
D. $63
Answer: Option B
Solution(By Examveda Team)
Initial value of price weighted index = ($50 + $60 + $55 + $58 + $63)= $57.20.
This Question Belongs to Management >> International Finance And Treasury
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