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Question 4 Suppose there is a price weighted index composed of three stocks A, B, and C. Now stock A is replaced by stock D.

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Question 4 Suppose there is a price weighted index composed of three stocks A, B, and C. Now stock A is replaced by stock D. The price information for these stocks at the time of change is as follows. Prices Stocks A B D B 23 39 58 at the division for the index was 62 before the change. what should the new divisor be after the change? Please round your answer to the nearest 2nd decimal place

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