Question: Can someone help and show work please! 1. Charles Dow's stock market average first appeared in the Customer's Afternoon Letter on July 3, 1884 Suppose
Can someone help and show work please!
1. Charles Dow's stock market average first appeared in the Customer's Afternoon Letter on July 3, 1884 Suppose that the 11 stock prices for the companies in his market average were as follows on July 3 , 1884: \$15, \$12, \$30, \$25, \$14, \$60, \$48, \$12, \$35, \$20, \$30. Now, suppose that the company selling for $60 had a 2 for 1 split. Find the new divisor for the Dow that becomes effective the next day (on July 4). Answer: The new divisor is
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