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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? 1. The divisolywill go

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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? 1. The divisolywill go up II. The index will go up III. The divisor will go down IV. The index will go down I only I and II only III only III and IV only

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