On January 4, 2008, the DJIA closed at 12,800.18. The divisor at that time was .123017848. Suppose

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On January 4, 2008, the DJIA closed at 12,800.18. The divisor at that time was .123017848. Suppose the next day the prices for 29 of the stocks remained unchanged and one stock increased $5.00. What would the DJIA level be the next day?

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...
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