Question: answer question 2 QUESTION 1 If a stock index has 3 stocks with the following prices : $30, 545, and 555; What is the Price

answer question 2
 answer question 2 QUESTION 1 If a stock index has 3

QUESTION 1 If a stock index has 3 stocks with the following prices : $30, 545, and 555; What is the Price Weighted Index? Round your answer to 2 decimal places OC09 43.33 QUESTION 2 Assume the $45 stock from problem 1 announces a 3:1 split. What is the new divisor required to maintain the integrity of the index? Round your answer to 4 decimal places DOO 0000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!