Question: a. Calculate a Dow Jones Industrial Average for days 1 through 5. b. What effects have the splits had in determining the next day's index?

a. Calculate a Dow Jones Industrial Average for days 1 through 5.

b. What effects have the splits had in determining the next day's index?

PRICE SHARES Company Day 1 Day 2 Day 3 Day 4 Day 5 Split at close of day 2 Split at close of day 3 23 46 45 12 10 14 13 47 25 500 175 500 12 52 52 26 500 500 500 350 350 175 250 250 250 500 175 500

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