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b. Suppose that Foodie made an 8-for-1 stock split right after market close. That is, each old share (that was worth $480) becomes 8 new
b. Suppose that Foodie made an 8-for-1 stock split right after market close. That is, each old share (that was worth $480) becomes 8 new shares with the ex price of $60 per share. Based on the index value in part a), what is the new value of the divisor? b. Suppose that Foodie made an 8-for-1 stock split right after market close. That is, each old share (that was worth $480) becomes 8 new shares with the ex price of $60 per share. Based on the index value in part a), what is the new value of the divisor
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