Consider the three stocks in the following table. P(t) represents price at time t, and Q(t) represents
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Question:
Consider the three stocks in the following table. P(t) represents price at time t, and Q(t) represents shares outstanding at time t. Stock C splits two-for-one in the last period. What is the new divisor for the price-weighted index that is formed using Stocks A, B, and C if the starting divisor is 2.50?
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