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Global Stock Index Is a Value-Weighted Index with Just 2

question 24

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Global Stock Index is a value-weighted index with just 2 stocks in the index: ABC stock and XYZ stock.
ABC ended 2015 at a price of $55 and had 1 million shares outstanding. XYZ stock ended 2015 at a price of $32 and had 4 million shares outstanding.
ABC ended 2016 at a price of $29 (after a 2-for-1 split). XYZ stock closed at $35 for 2016.Calculate the new value of the index.


Definitions:

Team Portal Page

A centralized online platform designed for team collaboration, project management, and sharing resources and information within a group.

Portalmicrosoftonline

Portalmicrosoftonline likely refers to a URL or web address for accessing Microsoft's online services portal, part of the Office 365 suite and beyond.

Internal Company Website

A private website accessible only to members of a specific organization, often used for communication, document sharing, and project management.

Private Communications

Messages and conversations intended for a specific recipient or group, not for public disclosure, emphasizing confidentiality.

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