Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

On January 4,2019 , the DJIA opened at 11,960.09. The divisor at that time was 147902141. Suppose on this day the prices for 29 of

image text in transcribed

On January 4,2019 , the DJIA opened at 11,960.09. The divisor at that time was 147902141. Suppose on this day the prices for 29 of the stocks remained unchanged and 1 stock increased \$6. What would the DJIA level be at the end of the day? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions