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In calculating the S&P 500 stock price index, the adjustment for stock split occurs a. automatically, due to the manner in which the index is

In calculating the S&P 500 stock price index, the adjustment for stock split occurs

a. automatically, due to the manner in which the index is calculated.

b. by adjusting the divisor.

c. by adjusting the numerator.

d. quarterly, on the last trading day of each quarter.

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