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For a price-weighted index, when a lower-price stock is replaced by a higher-price stock, which of the following will is true? I. The divisor will
For a price-weighted index, when a lower-price stock is replaced by a higher-price stock, which of the following will is true? I. The divisor will go up II. The index will go up III. The divisor will go down IV. The index will go down Group of answer choices I only I and II only III only III and IV only
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