Question
On October 28, 2015, the DJIA opened at 12,608.56. The divisor at that time was 0.132340204. Suppose on this day the prices for 29 of
On October 28, 2015, the DJIA opened at 12,608.56. The divisor at that time was 0.132340204. Suppose on this day the prices for 29 of the stocks remained unchanged and one stock increased $3. What would the DJIA level be at the end of the day? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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Finance For Nonfinancial Managers
Authors: Gene Siciliano
2nd Edition
0071824367, 978-0071824361
