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2. Go to Yahoo Finance and download Adj Close (closing prices, adjusted for divi- dends and splits) on December 29, 2020 and January 29, 2021
2. Go to Yahoo Finance and download "Adj Close (closing prices, adjusted for divi- dends and splits) on December 29, 2020 and January 29, 2021 for the following 5 stocks: GOOG, MMM, TSLA, ED and GS. Also, for all these stocks find total shares outstanding reported from the most recently filed quarterly or annual reports. Hint: For prices, go to the section "Historical Data and collect "Adj Close" for these dates and securities. For shares outstanding go to the section "Statistics and locate data on Shares outstanding (Make sure you convert all shares outstanding to the same units) (a) Construct a price-weighted index and a value-weighted index that tracks this basket of securities, and compute the percentage change in each index over this period. (Assume that the number of shares outstanding did not change for any of these stocks during this month.) (b) Explain why the two indexes changed at different rates. (C) If GOOG had split 3-for-1 after the December 29 close, what (if any) adjustment would you need to make to each index? (Explain in words and compute the adjustments.) (d) Can you explain why GOOG is not a Dow component? 2. Go to Yahoo Finance and download "Adj Close (closing prices, adjusted for divi- dends and splits) on December 29, 2020 and January 29, 2021 for the following 5 stocks: GOOG, MMM, TSLA, ED and GS. Also, for all these stocks find total shares outstanding reported from the most recently filed quarterly or annual reports. Hint: For prices, go to the section "Historical Data and collect "Adj Close" for these dates and securities. For shares outstanding go to the section "Statistics and locate data on Shares outstanding (Make sure you convert all shares outstanding to the same units) (a) Construct a price-weighted index and a value-weighted index that tracks this basket of securities, and compute the percentage change in each index over this period. (Assume that the number of shares outstanding did not change for any of these stocks during this month.) (b) Explain why the two indexes changed at different rates. (C) If GOOG had split 3-for-1 after the December 29 close, what (if any) adjustment would you need to make to each index? (Explain in words and compute the adjustments.) (d) Can you explain why GOOG is not a Dow component
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