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A price-weighted index consists of the following four stocks. The current index divisor is 3.39. What will the new divisor be if stock D does
A price-weighted index consists of the following four stocks. The current index divisor is 3.39. What will the new divisor be if stock D does a 3-for-2 stock split?
Stock Price Before Split Price After Split
A $31 31
B $18 18
C $26 26
D $54 ( )
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