Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

answer question 2 QUESTION 1 If a stock index has 3 stocks with the following prices : $30, 545, and 555; What is the Price

answer question 2
image text in transcribed
QUESTION 1 If a stock index has 3 stocks with the following prices : $30, 545, and 555; What is the Price Weighted Index? Round your answer to 2 decimal places OC09 43.33 QUESTION 2 Assume the $45 stock from problem 1 announces a 3:1 split. What is the new divisor required to maintain the integrity of the index? Round your answer to 4 decimal places DOO 0000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image_2

Step: 3

blur-text-image_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

The VC Field Guide Fundamentals Of Venture Capital

Authors: William Lin

1st Edition

1394180659, 978-1394180653

More Books

Students also viewed these Finance questions