Titus Jr I.

asked • 10/10/23

Finance question

The price and market capitalizations of Intel, Microsoft, NIKE, and Alphabet are lised as follows.

  1. Intel: $47.60/Share:      Market Cap = $188.7 billion
  2. Microsoft: $305.40/Share: Market Cap = $2.2 trillion
  3. NIKE: $115.70/Share:    Market Cap = $286.6 billion
  4. Alphabet: $2489.00:     Market Cap = $1.9 trillion

Calculate the price of the market capitalization weight index.

 

a. 739.43

b. 266.89

c. 1,238.80

d. 1,189.68


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