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A price-weighted index consists of stocks X, Y, and Z which are priced at $89, $56, and $45 a share, respectively. The current index divisor
A price-weighted index consists of stocks X, Y, and Z which are priced at $89, $56, and $45 a share, respectively. The current index divisor is 3.15. What will the new index advisor be if stock A undergoes a 3-for-1 stock split? 2.40 2.17 3.00 2.65 2.85
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