Question: I really need help with this problem On January 4, 2019, the DJIA opened at 11,739.19. The divisor at that time was. 147668018. In January

I really need help with this problem

On January 4, 2019, the DJIA opened at 11,739.19. The divisor at that time was. 147668018. In January 2019, Boeing was the highestpriced stock in the DJIA and Cisco was the lowest. The closing price for Boeing on January 3, 2019, was $350.90, and the closing price for Cisco was $44.27. Suppose the next day the other 29 stock prices remained unchanged and Boeing increased 5.4 percent. What would the new DJIA level be? Now assume only Cisco increased by 5.4 percent. Find the new DJIA level. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Thank you! On January 4, 2019, the DJIA opened at 12,498.11. The divisor at that time was .147574369. In January 2019, Boeing was the highest-priced stock in the DJIA and Cisco was the lowest. The...

Bucation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Flimestone9.blackboard.com%252F k Ch 5 Saved Problem 5-11 DJIA (L04, CFA2) On January 4, 2019, the DJIA opened...

On January 4, 2019, the DJIA opened at 12,829.46. The divisor at that time was .147925554. In January 2019, Boeing was the highest-priced stock in the DJIA and Cisco was the lowest. The closing price...

On January 4, 2019, the DJIA opened at 9,987.45. The divisor at that time was .147504132. In January 2019, Boeing was the highest-priced stock in the DJIA and Cisco was the lowest. The closing price...

On January 4, 2019, the DJIA opened at 10,208.35. The divisor at that time was .147738255. In January 2019, Boeing was the highest-priced stock in the DJIA and Cisco was the lowest. The closing price...

On January 4, 2019, the DJIA opened at 22,907.12. The divisor at that time was .147714843. In January 2019, Boeing was the highest-priced stock in the DJIA and Cisco was the lowest. The closing price...

On January 4, 2019, the DJIA opened at 9,011.26. The divisor at that time was .147761667. In January 2019, Boeing was the highest-priced stock in the DJIA and Cisco was the lowest. The closing price...

On January 4, 2019, the DJIA opened at 23,128.02. The divisor at that time was .147948966. In January 2019, Boeing was the highest-priced stock in the DJIA and Cisco was the lowest. The closing price...

On January 4, 2019, the DJIA opened at 11,628.74. The divisor was .147550957. In January 2019, Boeing was the highest-priced stock in the DJIA and Cisco was the lowest. The closing price for Boeing...

On January 4, 2019, the DJIA opened at 10,097.90. The divisor at that time was .147621194. In January 2019, Boeing was the highest-priced stock in the DJIA and Cisco was the lowest. The closing price...

1. How are percentage changes in a currencys value measured? Illustrate your answer numerically by assuming a change in the Thai bahts value from a value of $.022 to $.026. 2. What are the basic...

Bonsai Boards income statement data for the year ended December 31, 2014, follow. Sales Revenue ....... $237,500 Cost of Goods Sold .... 142,800 Gross Profit ........ $ 94,700 Assume that the ending...

Discover both how much is paid and how long it takes to pay off a $2050 credit card debt paying the minimal payment which is the maximum of 2% or $25. The credit card has 18% APR compounded monthly....

Draw a class diagram and its relationship based on the following statements. You can use any UML tool/software to represent your class diagram. Do NOT copy and paste your diagram, use the attachment...