Question: info for both questions *4:1 split on stock Y after close on 1/3/2012 **2:1 split on stock Z after close on 1/4/2012 ***3:4 reverse split

info for both questions
*4:1 split on stock Y after close on 1/3/2012
**2:1 split on stock Z after close on 1/4/2012
***3:4 reverse split on stock X after close on 1/5/2012
the base date for the index is Jan. 4, 2012.
Q1: calculate the divisor used for opening of Jan. 4, 2012. round intermidiate step and final answer to four decimals.
a. 3
b. 1.7048
c. 2.2933
d. 1.5518
Q2: find percentage change in the value of the index from 1/4 to 1/5. round intermidiate step and final answer to four decimals?
info for both questions *4:1 split on stock Y after close on

stock price N 100 50 150 98* 162 January 2 2012 January 3 2012 January 4 2012 January 5 2012 52 54 70*** 22 165** 24 85 stock price N 100 50 150 98* 162 January 2 2012 January 3 2012 January 4 2012 January 5 2012 52 54 70*** 22 165** 24 85

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!