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Consider the three stocks in the following table. Pt represents price at time t, and Qt represents shares outstanding at time t. Stock C splits
Consider the three stocks in the following table. Pt represents price at time t, and Qt represents shares outstanding at time t. Stock C splits two-for-one in the last period. P0 Q0 P1 Q1 P2 Q2
A 90 100 95 100 100 100
B 50 200 45 200 35 200
C 100 200 110 200 55 400
What will the index be in day 2? (Hint: stock split happens in the evening. Do not round intermediate calculations. Round your answer to 2 decimal places.) Group of answer choices 63.33 83.33 80 81.20
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