Stock prices of five companies are $50, $60, $55, $58, $63 then initial value of price weighted index is

by
A. $60
B. $57.20
C. $55
D. $63
✅ The correct answer is option B.
Initial value of price weighted index = ($50 + $60 + $55 + $58 + $63)
= $57.20.

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