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Suppose a stock index contains the stock of 3 firms. A Band C The stock...

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Suppose a stock index contains the stock of 3 firms. A Band C The stock prices for the three firms are $50,571 and 525, respectively. The firms have 97 million, 52 million and 118 million shares outstanding, respectively. If the index is price-weighted, calculate its initial value round your answer to 2 decimal places)

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