In January 2008 IBM was the highest priced stock in the DJIA

and Intel was the lowest The closing price for IBM on January 4

2008 was 201 48 and the closing price for Alco was 9 18

Suppose the next day the other 29 stock prices remained unchanged

and IBM increased 5 percent What would the new DJIA level be

Now assume only Alco increased by 5 percent Find the new DJIA

level