Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

On Januaty 4, 2019, the DJlA opened at 8,900.81. The divisor at that time was. 147644606 . What would the new index level be if

image text in transcribed
On Januaty 4, 2019, the DJlA opened at 8,900.81. The divisor at that time was. 147644606 . What would the new index level be if all stocks on the DJIA increased by $1.00 per share on the next day? (Do not round intermediate colculotions. Round your answer to 2 decimol places.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

Auditing Principles Practice And Problems

Authors: Jagdish Prakash

1st Edition

9327244745, 978-9327244748

More Books

Students also viewed these Accounting questions

Question

=+ (b) Show that the reverse implication holds if 22 is countable.

Answered: 1 week ago

Question

3. How has e-commerce transformed marketing?

Answered: 1 week ago