Question
Assume that on a particular day, the DJIA opened at 11,628.74. The divisor at that time was .1323893619. What would the new index level be
Assume that on a particular day, the DJIA opened at 11,628.74. The divisor at that time was .1323893619. What would the new index level be if all stocks on the DJIA increased by $1.00 per share on the next day? (Round your answer to 2 decimal places.)
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International Finance The Markets And Financial Management Of Multinational Business
Authors: Maurice D. Levi
3rd Edition
0070376875, 978-0070376878
