In Problem 16, will your answers change if the Douglas McDonnell stock splits? Why or why not?
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In Problem 16, will your answers change if the Douglas McDonnell stock splits? Why or why not?
Data From Problem 16
Repeat Problem 14 if a value-weighted index is used. Assume the index is scaled by a factor of 10 million; that is, if the average firm’s market value is $5 billion, the index would be quoted as 500.
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Related Book For
Fundamentals of Investments, Valuation and Management
ISBN: 978-1259720697
8th edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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