Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please provide an explanation on how to get the answer IBM rose by $2.00 per share, the Dow closed at 11450.64, and the divisor is
Please provide an explanation on how to get the answer
IBM rose by $2.00 per share, the Dow closed at 11450.64, and the divisor is 0.132129493.
Where would the Dow have closed if IBM had instead fallen by $3.00 per share?
Answer [11412.82]
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