Question: Based on the information from Q31, what would be the value of the new divisor to calculate a DJIA type average starting from date 1,
Based on the information from Q31, what would be the value of the new divisor to calculate a DJIA type average starting from date 1, assuming the original divisor on date 0 were 3.00? 1. 3.00 2. 2.75 3. 2.50 4. 2.25 5. 2.00 1 pts Question 31 The following information applies to the next three questions (31-33) You are given the following data regarding stocks X, Y, and Z. Stock price Number of shares outstanding Date Y Z X* Y Z 0 $90 $40 $50 100 100 100 1 31 39 48 300 100 100 2 30 40 49 300 100 100 *Stock X has a 3 for 1 stock split after market close on date 0. Date 0 is the base date. What would be the value of an S&P type index at the end of date 2, assuming the base value of the S&P index after the market close on date 0 were 10? 1. 9.67 2. 9.75 3. 9.83 4. 9.94 5. 10.00
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
