Question: Problem 8-10 Advance/Decline Lines and Arms Ratio (LO4, CFA1) Use the data below to construct the advance/decline line and Arms ratio for the market.

Problem 8-10 Advance/Decline Lines and Arms Ratio (LO4, CFA1) Use the data

Problem 8-10 Advance/Decline Lines and Arms Ratio (LO4, CFA1) Use the data below to construct the advance/decline line and Arms ratio for the market. Volume is in thousands of shares. (Input all amounts as positive values. Do not round intermediate calculations. Round your "Arms Ratio" answers to 3 decimal places.) Stocks Advancing Advancing Stocks Declining Volume Declining Volume Monday 1,936 876,951 333 126,645 Tuesday 2,641 509,531 809 217,135 Wednesday 1,340 519,132 1,188 499,845 Thursday 2,159 942,526 Friday 2,033 596,483 840 1,205 314,846 381,953 Adv./Dec. Cumulative Arms Ratio: Monday Tuesday Wednesday Thursday Friday

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