Question
Stock Price Number of Shares Outstanding Stock A $41.9 253 Stock B $73.4 371 Stock C $14.3 628 A price-weighted index constructed with these three
Stock Price Number of Shares Outstanding
Stock A $41.9 253
Stock B $73.4 371
Stock C $14.3 628
A price-weighted index constructed with these three stocks has a divisor of 19.2. What would the divisor be if stock A is split 3-for-1, and stock C is replaced by stock D which has 574 shares outstanding and a price of $54.3?
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Better Than Alpha Three Steps To Capturing Excess Returns In A Changing World
Authors: Christopher M. Schelling
1st Edition
1264257651,126425766X
