Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Rank using Market Cap Name Symbol Market Cap Price 1 Apple AAPL $ 2,415,900,229,632.00 146.15 2 Microsoft MSFT $ 2,257,022,091,264.00 300.34 3 Visa V $

Rank using Market Cap Name Symbol Market Cap Price
1 Apple AAPL $ 2,415,900,229,632.00 146.15
2 Microsoft MSFT $ 2,257,022,091,264.00 300.34
3 Visa V $ 485,311,315,968.00 221.16
4 JPMorgan Chase JPM $ 472,547,622,912.00 158.14

2. Calculate the weights of each stock in the DJIA
3. Calculate the weights each stock would have IF the index changed to using value-weighting based on stock market cap.
4. Calculate the difference in weights (DJIA weight minus Value-weight)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

M Finance

Authors: Marcia Cornett, Troy Adair, John Nofsinger

3rd Edition

ISBN: 0077861779, 978-0077861773

More Books

Students also viewed these Finance questions

Question

How much is $1045 after a decrease of 0.5%?

Answered: 1 week ago

Question

Describe the linkages between HRM and strategy formulation. page 74

Answered: 1 week ago

Question

Identify approaches to improving retention rates.

Answered: 1 week ago