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Consider the following 3 stocks: Stock A price =40 no. of shares = 200: Stock B Price = 40 no. of shares = 500 Stock
Consider the following 3 stocks:
Stock A price =40 no. of shares = 200:
Stock B Price = 40 no. of shares = 500
Stock C Price = 10 no. of shares = 600
Assume a value weighted index for the stock today is at 490. What would the index be if stock Bsplit 2 for 1 and stock C split 4 for 1?
A.
355
B.
265
C.
430
D.
490
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