an index was recently begun with the following two stocks:

(1) company X 500 shares valued at $2 each.

(2) company Y 100 shares valued at $10 each.

given that the value-weighed index was originally set as 100 and Company A's stock is currently selling at $3 per share while company B's stock is at $9 per share, calculate the current value of the price-weighed index and market-weighed index.