At the end of the trading day on Friday September 20, 2013 following three stocks in...
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At the end of the trading day on Friday September 20, 2013 following three stocks in DJIA: Alcoa (AA), Bank of America (BAC) and HP (HPQ) were replaced by three new stocks: Goldman Sachs (GS), Visa (V) and Nike (NKE) DJIA closed at 15451.09 at the close of trading day on September 20. If the old divisor for DJIA was 0.130216081, estimate the new divisor after the three new index additions. Historical stock price information is available on finance.yahoo.com At the end of the trading day on Friday September 20, 2013 following three stocks in DJIA: Alcoa (AA), Bank of America (BAC) and HP (HPQ) were replaced by three new stocks: Goldman Sachs (GS), Visa (V) and Nike (NKE) DJIA closed at 15451.09 at the close of trading day on September 20. If the old divisor for DJIA was 0.130216081, estimate the new divisor after the three new index additions. Historical stock price information is available on finance.yahoo.com
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Answer rating: 100% (QA)
DJIA on Spet 20 1545109 Price on 20 Price on 20 September 2013 September Stock Name 2013 Stock Name ... View the full answer
Related Book For
Financial Algebra advanced algebra with financial applications
ISBN: 978-0538449670
1st edition
Authors: Robert K. Gerver
Posted Date:
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