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A price-weighted index currently has a divisor of 1 and tracks three stocks with the following prices: Stock Price A 35.68 B 69.66 C 114.82
A price-weighted index currently has a divisor of 1 and tracks three stocks with the following prices:
| Stock | Price |
| A | 35.68 |
| B | 69.66 |
| C | 114.82 |
If stock A does a 2-for-1 stock split, what must be the new divisor?
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Governance Of Financial Management
Authors: John Carver, Miriam Carver
1st Edition
0470392541, 9780470392546
