Question
Assume that on a particular day, the DJIA opened at 8,900.81. The divisor at that time was .132293379. What would the new index level be
Assume that on a particular day, the DJIA opened at 8,900.81. The divisor at that time was .132293379. What would the new index level be if all 30 stocks on the DJIA increased by $1.00 per share on the next day? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Health Care Finance And The Mechanics Of Insurance And Reimbursement
Authors: Michael K. Harrington
2nd Edition
1284169030, 978-1284169034
