Question: Problem 5 (8 points) Apple is a company in the Dow Jones Industrial Average with share price of $110. The Dow Jones industrial average is

Problem 5 (8 points) Apple is a company in the Dow

Problem 5 (8 points) Apple is a company in the Dow Jones Industrial Average with share price of $110. The Dow Jones industrial average is currently 18,412.15, and the Dow Divisor is 0.11742 (a) What is the sum of the prices of the other 29 companies in the Dow Jones Industrial Average? Sum of the prices of other 29 companies: 4 points (b) What is the new value of the Dow Jones Industrial Average if Apple's stock price increases by 25% and the other stocks experience a 10% return and the divisor remains unchanged? New DJIA:(4 points)

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