A price weighted stock index has stocks AAC, BZF, and CHO in it. It is at...
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A price weighted stock index has stocks AAC, BZF, and CHO in it. It is at 550 on 21- Oct-2019. CHO is replaced at the end of day trading on 22-Oct-2019 with DIY. What is the divisor for the index on 21-Oct-2019 (take the answer to 4 decimal places)? AAC BZF CHO DIY 21-Oct-19 $75.00 $150.00 $10.00 $106.00 22-Oct-19 $80.00 $140.00 $12.00 $107.00 23-Oct-19 $82.00 $135.00 $8.00 $104.00 Shares Outstanding (in thousands) 1,000 800 50,000 8,000 A price weighted stock index has stocks AAC, BZF, and CHO in it. It is at 550 on 21- Oct-2019. CHO is replaced at the end of day trading on 22-Oct-2019 with DIY. What is the divisor for the index on 21-Oct-2019 (take the answer to 4 decimal places)? AAC BZF CHO DIY 21-Oct-19 $75.00 $150.00 $10.00 $106.00 22-Oct-19 $80.00 $140.00 $12.00 $107.00 23-Oct-19 $82.00 $135.00 $8.00 $104.00 Shares Outstanding (in thousands) 1,000 800 50,000 8,000
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Related Book For
Fundamentals of corporate finance
ISBN: 978-0073382395
9th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
Posted Date:
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