Question: ( d ) If stock 2 has a three - for - one stock split at open, that is , each of the shares you
d If stock has a threeforone stock split at open, that is each of the shares you own becomes three shares, with the price being a third at open, at close in this case What will the new
weighing denominator for the priceweighted index be What will be the close price for the price
weighted index?
e If stock has a twoforone stock split at open, that is each of the shares you own becomes two
shares, with the price being half at open, at close in this case What will be the close
price for the valueweighted index?
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