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info for both questions *4:1 split on stock Y after close on 1/3/2012 **2:1 split on stock Z after close on 1/4/2012 ***3:4 reverse split
info for both questions
stock price N 100 50 150 98* 162 January 2 2012 January 3 2012 January 4 2012 January 5 2012 52 54 70*** 22 165** 24 85 stock price N 100 50 150 98* 162 January 2 2012 January 3 2012 January 4 2012 January 5 2012 52 54 70*** 22 165** 24 85 *4:1 split on stock Y after close on 1/3/2012
**2:1 split on stock Z after close on 1/4/2012
***3:4 reverse split on stock X after close on 1/5/2012
the base date for the index is Jan. 4, 2012.
Q1: calculate the divisor used for opening of Jan. 4, 2012. round intermidiate step and final answer to four decimals.
a. 3
b. 1.7048
c. 2.2933
d. 1.5518
Q2: find percentage change in the value of the index from 1/4 to 1/5. round intermidiate step and final answer to four decimals?
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