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Calculate a Dow Jones Industrial Average for days 1 through 5. What effects have the splits had in determining the next day's index? (Hint: think
Calculate a Dow Jones Industrial Average for days 1 through 5. What effects have the splits had in determining the next day's index? (Hint: think of the relative weighting of each stock.) From a copy of The Wall Street Journal, find the divisor that is currently being used in calculating the DJIA. (Normally this value can be found on pages C2 and C3.) Utilizing the price and volume data in Problem 4, Calculate a Standard & Poor's Index for days 1 through 5 using a beginning index value of 10. Identify what effects the splits had in determining the next day's index. (Hint: think of the relative weighting of each stock.) Calculate a Dow Jones Industrial Average for days 1 through 5. What effects have the splits had in determining the next day's index? (Hint: think of the relative weighting of each stock.) From a copy of The Wall Street Journal, find the divisor that is currently being used in calculating the DJIA. (Normally this value can be found on pages C2 and C3.) Utilizing the price and volume data in Problem 4, Calculate a Standard & Poor's Index for days 1 through 5 using a beginning index value of 10. Identify what effects the splits had in determining the next day's index. (Hint: think of the relative weighting of each stock.)
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