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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 26.3 B 78 C 114.82
A price-weighted index currently has a divisor of 1 and tracks three stocks with the following prices:
Stock Price
A 26.3
B 78
C 114.82
If stock A does a 7-for-1 stock split, what must be the new divisor?
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