9. (8 pts.) Consider the three stocks in the following table. P represents price at the time t and Q, represents shares outstanding at the time t. Stock B splits two for one in the first period. A BC C PO 90 60 100 QO 100 200 200 P1 90 ? 100 Q1 100 400 200 P2 95 20 120 Q2 100 400 200 a. (2 pts.) What is the change in the divisor of the price-weighted index during the first period (from t=0 to t=1)?

9. (8pts.) Consider the three stocks in the following table. P1 represents price at the time t nutetandine at the time t. Stock B splits two for one in the first a. (2 pts.) What is the change in the divisor of the price-weighted maex umane first period (from t=0 to t=1 )? 9. (8pts.) Consider the three stocks in the following table. P1 represents price at the time t nutetandine at the time t. Stock B splits two for one in the first a. (2 pts.) What is the change in the divisor of the price-weighted maex umane first period (from t=0 to t=1 )