A price-weighted index contains three stocks: A, B and C The initial divisor is given by 3.30, and prices and initial number of shares in each of the stocks are given by: Initial Number Stock Price of...


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A price-weighted index contains three stocks: A, B and C<br>The initial divisor is given by 3.30, and prices and initial number of shares in each of<br>the stocks are given by:<br>Initial Number<br>Stock Price<br>of Shares<br>A<br>16.00 2000<br>В<br>22.90 2000<br>C<br>24.201000<br>Suppose Stock A splits its shares 4:1 and Stock B splits its shares 2:1. What is the<br>new index divisor that keeps the value of the index the same?<br>Answer to two decimal points (ex: 1.25).<br>Your Answer:<br>

Extracted text: A price-weighted index contains three stocks: A, B and C The initial divisor is given by 3.30, and prices and initial number of shares in each of the stocks are given by: Initial Number Stock Price of Shares A 16.00 2000 В 22.90 2000 C 24.201000 Suppose Stock A splits its shares 4:1 and Stock B splits its shares 2:1. What is the new index divisor that keeps the value of the index the same? Answer to two decimal points (ex: 1.25). Your Answer:

Jun 07, 2022
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