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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Fundamentals of Investments, Valuation and Management

ISBN: 978-1259720697

8th edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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