a. Calculate a Dow Jones Industrial Average for days 1 through 5. 

b. What effects have the splits had in determining the next day’s index? 

c. From a copy of The Wall Street Journal, find the divisor that is currently being used in calculating the DJIA. (Normally this value can be found on pages C2 and C3.)

Company Day 1 Day 2 Day 3 Day 4 Day 5 A 22432 12 10 14 13 12 "Split at close of day 2. "Split at close of day 3. PRICE B 23 22 46 47 45 52 55 52 25 26 A 500 500 500 500 500 SHARES B 350 350 175 175 175 C 250 250 250 500 500