Question
Below is list of companies and their stock prices, and the amount of their outstanding shares, build a price weighted index with a divisor of
-
Below is list of companies and their stock prices, and the amount of their outstanding shares, build a price weighted index with a divisor of 5 based on this data.
| Company | Stock Price | Shares Outstanding |
| A | $5 | 100,000 shares |
| B | $25 | 1 million shares |
| C | $250 | 10,000 shares |
Based on the data above please construct a value weighted Index using a divisor of 5 again.
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
Personal Finance
Authors: Jeff Madura
3rd Edition
0321357973, 978-0321357977
