Calculate the index's initial and final values using the price-weighted average method 2. Suppose LKC were
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2. Suppose LKC were to split three for one so that its share price fell to $30. Calculate the new divisor, d, that leaves the average unaffected.
3. Suppose the index has a starting value of 100. Calculate the index's final value using the value-weighted average method.
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Financial management theory and practice
ISBN: 978-0324422696
12th Edition
Authors: Eugene F. Brigham and Michael C. Ehrhardt
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