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A price-weighted index consists of stocks A, B, and C which are priced at $60, $34, and $25 a share, respectively. The current index divisor
A price-weighted index consists of stocks A, B, and C which are priced at $60, $34, and $25 a share, respectively. The current index divisor is 2.7. If stock A undergoes a 3-for-1 stock split, the new index divisor will be: Select one: a. 1.9916 b. 2.7 c. 1.7924 d. 1.5960 e. 1.5916 Next page 7 Answers Jump to... Chapter 12 20 MacBook Air
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