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Suppose Stocks A, B and C are the only three component stocks in a benchmark index. The number of shares outstanding of Stocks A, B and C are 360,000 shares, 308,000 shares, and 221,000 shares, respectively.  The prices of Stocks A, B and C for Days 1, 2, 3 and 4 are given in the table below:   Stock AStock BStock CDay 131.1282.5876.73Day 232.2844.0175.59Day 33241.178.73Day 433.7842.9579.16 Stock B had a 2-for-1 stock split on Day 2, which explained the drop in the price of Stock B.If the benchmark value-weighted index was 1506.26 on Day 1, the benchmark value-weighted index on Day 3 was Answer Question 2. (Note: Answer must be correct to 2 decimal places, but you may leave your answer with more than 2 decimal places.)

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Suppose Stocks A, B and C are the only three component stocks in a benchmark index. The number of shares outstanding of Stocks A, B and C are 360,000 shares, 308,000 shares, and 221,000 shares, respectively.  The prices of Stocks A, B and C for Days 1, 2, 3 and 4 are given in the table below:   Stock AStock BStock CDay 131.1282.5876.73Day 232.2844.0175.59Day 33241.178.73Day 433.7842.9579.16 Stock B had a 2-for-1 stock split on Day 2, which explained the drop in the price of Stock B.If the benchmark value-weighted index was 1506.26 on Day 1, the benchmark value-weighted index on Day 3 was Answer Question 2. (Note: Answer must be correct to 2 decimal places, but you may leave your answer with more than 2 decimal places.)

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