Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 11, 2024

A price-weighted index consists of stocks X, Y, and Z which are priced at $42, $21, and $49 a share, respectively. The current index divisor

A price-weighted index consists of stocks X, Y, and Z which are priced at $42, $21, and $49 a share, respectively. The current index divisor is 2.5. What will the new index divisor be if stock Y undergoes a 2-for-1 stock split?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Behavioral Finance

Authors: Edwin Burton, Sunit N. Shah

1st Edition

111830019X, 978-1118300190

More Books

Students also viewed these Finance questions

Question

★★★★★

Is this a violation of the EPA?

Answered: 1 week ago

Question

★★★★★

Write the meaning of each of the following terms without referring to the book (or your notes), and compare your definition with the version in the text for each: a. Dummy variable b. Omitted...

Answered: 1 week ago

Question

★★★★★

If experiencing adversity makes people stronger, why do you think the participants who experienced the most adversity were about as unsatisfi ed with life as those who experienced the least? Wouldnt...

Answered: 1 week ago

Question

★★★★★

Nintendo Company, Ltd., reports the following financial information as of, or for the year ended, March 31, 2011. Nintendo reports its financial statements in both Japanese yen and U. S. dollars as...

Answered: 1 week ago

Question

★★★★★

21. Sparks Furniture Company carries three lines of sofas. Information about the sofa inventory as of the end of its most recent fiscal year follows. If LCM is applied to each separate product line,...

Answered: 1 week ago

Question

★★★★★

Saved ot 7-9 Winkler Company borrows $96,000 and pledges its receivables as security. The journal entry to record this transaction would be: Multple Choice Debit Cath of $96.000 and credi Accounts...

Answered: 1 week ago

Question

★★★★★

14. A dam wall is to be built across a valley that may be approximated as a semi-circle for initial estimates, as shown in the diagram below. Derive an equation to determine the total hydrostatic...

Answered: 1 week ago

Question

★★★★★

Calculate the average, moving range, MR-bar, LCL, UCL, and Standard Deviation using the data set below. Please show the excel formulas used for each calculation. CoursHeroTranscribedText Sample Data...

Answered: 1 week ago

Question

★★★★★

How likely are you to get a coverage probability less than the specified coverage probability of 0.9? 0 Count 25 50 75 0.80 0.85 0.90 0.95 Coverage probability

Answered: 1 week ago

Question

★★★★★

Digby is a Niche Cost Leader (Low Technology) Review the Inquirer to determine Digbys current strategy. How will they seek a competitive advantage? From the following list, select the top five...

Answered: 1 week ago

Question

★★★★★

ellaborate on the following; Even while diversity, equality, and inclusion ( DEI ) in the workplace are important, many firms find it difficult to prioritize and carry out worthwhile efforts. The...

Answered: 1 week ago

Question

★★★★★

How would you assess your political skill at using networking, reciprocity, and coalition building to help you get what you want? What can you do to improve?

Answered: 1 week ago

Question

★★★★★

When someone tries to influence you, which influencing tactic works best and why? Why doesnt this same tactic work best for everyone?

Answered: 1 week ago

Question

★★★★★

Do you agree with the saying, Its not what you know, its who you know that is important? Is it ethical to use connection power to get jobs and other things?

Answered: 1 week ago

Previous Question Next Question