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Solve a, b, c requirements PRICE SHARES B A B C 23 22 Company A Day 1 12 Day 2 10 Day 3 14 Day

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Solve a, b, c requirements

PRICE SHARES B A B C 23 22 Company A Day 1 12 Day 2 10 Day 3 14 Day 4 13 Day 5 12 *Split at close of day 2. Split at close of day 3. 46 47 45 52 55 52 25 26 500 500 500 500 500 350 350 175 175 175 250 250 250 500 500 a Calculate a Dow Jones Industrial Average for days 1 through 5. b. What effects have the splits had in determining the next day's index? (Hint: think of the relative weighting of each stock.) c. From a copy of The Wall Street Journal, find the divisor that is currently being used in calculating the DJIA. (Normally this value can be found on pages C2 and C3.) Ttilizing the 5. od volume data in problen

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