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Consider a price weighted index based on three stocks. The stock prices for the three stocks are $45, $25, and $80. The last stock was
Consider a price weighted index based on three stocks. The stock prices for the three stocks are $45, $25, and $80. The last stock was just split 2 for 1 and the stock price was halved from $80 to $40. What is the new divisor for the index if the divisor before the split was 3? Round your answer to two decimal places. Your Answer: Answer Question 19 (3 points) Please show your work for the previous
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