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Intro A price-weighted index currently has a divisor of 1 and tracks three stocks with the following prices: Stock Price A 24.16 B 74.44 C
Intro
A price-weighted index currently has a divisor of 1 and tracks three stocks with the following prices:
Stock | Price |
A | 24.16 |
B | 74.44 |
C | 114.82 |
Attempt 2/10 for 10 pts.
Part 1
If stock A does a 8-for-1 stock split, what must be the new divisor?
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