Question
please help me to solve these today (as soon as posipole) Consider the following information regarding stocks A,B and c Stock Day 1 price Day
please help me to solve these today (as soon as posipole)
Consider the following information regarding stocks A,B and c
Stock Day 1 price Day 2 price # of shares outstanding
A $44 $46 10
B $ 12 $10 50
C $77 $81 20
*At the close of Day 1 you construct a price weighted index with a beginning index value of 100.
1) compute the divisor for this index
2) compute the index value at the close of day 2
3) At the close of day 2, stock C splits two. Compute the new value of the divisor
4) Compute a value weighted index with an initial index value of 100, compute the index value at the end of day 2.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started