Global Stock Index Is a Value-Weighted Index with Just Two

question 70

Essay

Global Stock Index is a value-weighted index with just two stocks in the index: ABC stock and XYZ stock.
ABC ended 2018 at a price of $55 and had 1 million shares outstanding. XYZ stock ended 2018 at a price of $32 and had 4 million shares outstanding.
ABC ended 2019 at a price of $29 (after a 2-for-1 split). XYZ stock closed at $35 for 2019.
Calculate the new value of the index.

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Monitoring Conversations

The practice of listening to, recording, or observing conversations, often for compliance or security reasons.

Consolidated Omnibus Budget Reconciliation Act (COBRA)

Federal law that ensures that when employees lose their jobs orhave their hours reduced to a level at which they would notbe eligible to receive medical, dental, or optical benefits fromtheir employer, the employees will be able to continue receiving benefits under the employer’s policy for up to 18 months by paying the premiums for the policy.

Medical Insurance Protection

Coverage provided by insurance policies to cover medical expenses incurred due to illness or injury.

Equal Employment Opportunity Commission

A federal agency that administers and enforces civil rights laws against workplace discrimination.