FIN 324 Principles of Investments Spring 2021 Homework: Chapter Three k Homework Save Test Score: 0 of 3 pts 2 of 8 (0 complete) HW Score: 0%, 0... Question 2, P3.2 (similar to) Question Help Imagine that the Mini-Dow Average (MDA) is calculated by adding up the closing prices of five stocks and dividing that sum by a divisor. The divisor used in the calculation of the MDA is currently 0.775. The closing prices for each of the five stocks in the MDA today and exactly 1 year ago, when the divisor was 0.815, are given in the following table: 5 a. Calculate the percentage change in each stock. Based on this, is your sense that the market is bullish or bearish? b. Calculate the MDA today and that of a year ago and calculate the percentage of change in the MDA. Based on this does the market appear to be bullish or bearish? c. Compare your answers to parts (a) and (b) above. Did you reach the same conclusion about the direction of the overall market? What role did the divisor play in terms of the conclusion you reached in part b? a. The price change in Ace Computers is %. (Enter as a percentage and round to one decimal place. Be sure to enter negative answers as negative.) ter Enter your answer in the answer box and then click Check Answer parts 9 remaining Clear All Score: 0 of 3 pts 2 of 8 (0 complete) HW Score: 0%, 0 Question 2, P3.2 (similar to) Question Help Imagine that the Mini-Dow Average (MDA) is calculated by adding up the closing prices of five stocks and dividing that sum by a divisor. The divisor used in the calculation of the MD is currently 0.775. The closing prices for each of the five stocks in the MDA today and exactly 1 year ago, when the divisor was 0.815, are given in the following table: Data Table x (Click on the icon here : in order to copy the contents of the data table below into a spreadsheet.) Stock Today 1 Year Ago Ace Computers $64.45 $63.91 Coburn Motor Company 37.91 34.95 National Soap & Cosmetics 89.84 94.74 Ronto Foods 65.73 70.44 Wings Aircraft 85.21 86.18 Print Done Enter your answer in the answer box and then click Check Answer 9 parts remaining CAN SAGA 23 MacBook AB