Now assume that the first two companies, A and B, merge. The editorial board of WSJ adds
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Question:
Assume DJIA records the changes in prices of 3 stocks: A, B,and C.Assume initially the prices of these stocks are $60, $25, and $65. What is the DIlA?Suppose the company C declares a 2-for-1 stock splits. If the closing prices of the three companies the day split becomes effective are $61, $24.50, and $32 respectively,what is the new DJIA?Now assume that the first two companies, A and B, merge. The editorial board of WSJ adds a new corporation, D, to the list.
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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