In calculating the Standard & Poors stock price indexes, how are adjustments for stock splits made? a.

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In calculating the Standard & Poor’s stock price indexes, how are adjustments for stock splits made?

a. By adjusting the divisor

b. Automatically, due to the manner in which the index is calculated

c. By adjusting the numerator

d. Quarterly, on the last trading day of each quarter.

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Fundamentals Of Investments Valuation And Management

ISBN: 9781266824012

10th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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