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3.The Haily Index is a price weighted stock index based on the 5 largest auto-mobiles manufacturers in the nation. The stock prices for the five
3.The Haily Index is a price weighted stock index based on the 5 largest auto-mobiles manufacturers in the nation. The stock prices for the five stocks are $10, $20, $80, $50 and $40. The price of the last stock was just split 2 for 1 and the stock price was halved from $40 to $20. What is the new divisor for a price weighted index?
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