1. Price-Weighted Divisor (LO4, CFA2) Able, Baker, and Charlie are the only three stocks in an index....
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1. Price-Weighted Divisor (LO4, CFA2) 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 2-for-1 stock split, what is the new divisor for the price-weighted index?
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Related Book For 
Fundamentals Of Investments Valuation And Management
ISBN: 9781260013979
9th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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