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Company A has 4,000 shares. The initial price was $5.00/share and the current price is $7.00/share. Company B initially had 3,000 shares at $15.00/share and

  1. Company A has 4,000 shares. The initial price was $5.00/share and the current price is $7.00/share. Company B initially had 3,000 shares at $15.00/share and currently has 9,000 shares at $6.00/share.
    1. Assuming these stocks comprised a price-weighted index, with an initial value of 100, calculate the current value of the index assuming a change in the divisor.
    2. Calculate the new value of the divisor.

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