Question: Using the information in the table below, what would be the new divisor for a price-weighted index of the four local stocks if ABC declared

Using the information in the table below, what would be the new divisor for a price-weighted index of the four local stocks if ABC declared at 2:1 stock split after market close on t=1?

Stock	Price, t=0	Price, t=1	Shares (million)
ABC	100	96	100
DEF	45	47	500
GHI	21	25	1,200
JKL	26	27	450

2.98

3.02

3.00

2.96

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