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Problem 5-12 DJI (L04, CFA2) Check my work Problem 5-12 DJIA (L04, CFA2) On October 28, 2015, the DJIA opened at 17,581.43. The divisor at
Problem 5-12 DJI (L04, CFA2)
Check my work Problem 5-12 DJIA (L04, CFA2) On October 28, 2015, the DJIA opened at 17,581.43. The divisor at that time was 0.14967727343. What would the new index level be if all 30 stocks on the DJIA increased by $1.00 per share on the next day? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Index level Step by Step Solution
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