Question: Problem 5-2 Able, Baker, and Charlie are the only three stocks in an index. The stocks sell for $93, $312, and $78, respectively. If Baker

Problem 5-2

Able, Baker, and Charlie are the only three stocks in an index. The stocks sell for $93, $312, and $78, respectively. If Baker undergoes a 4-for-1 stock split. What is the new divisor now? (Do not round intermediate calculations. Round your answer to 5 decimal places.)

Divisor

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