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Suppose Dow Jones & Co. decided to replace Cisco Systems (CSCO) in DJIA with Alphabet (GOOG) on Jan 31 (by the way, see the Reuters

Suppose Dow Jones & Co. decided to replace Cisco Systems (CSCO) in DJIA with Alphabet (GOOG) on Jan 31 (by the way, see the Reuters article "Big changes in the DJIA in September 2013" in LINKS on why it is not feasible). GOOG stock price was $796.79 on Jan 31. What would the new divisor value be (provide the number with 6 digits after the decimal point)? Refer to the Excel spreadsheet DJIA_Jan31_2017.xlsx in ASSIGNMENTS on the course web site.

Components for Dow Jones Industrial Average
Component Data Date: Jan 31, 2017
NUM COMPANY NAME TICKER USD CLOSE
1 3M Co MMM 174.82
2 American Express Co AXP 76.38
3 Apple Inc AAPL 121.35
4 Boeing Co BA 163.42
5 Caterpillar Inc CAT 95.66
6 Chevron Corp CVX 111.35
7 Cisco Systems Inc CSCO 30.72
8 The Coca-Cola Co KO 41.57
9 Walt Disney Co DIS 110.65
10 E I du Pont de Nemours and Co DD 75.50
11 Exxon Mobil Corp XOM 83.89
12 General Electric Co GE 29.70
13 Goldman Sachs Group Inc GS 229.32
14 Home Depot Inc HD 137.58
15 International Business Machines Co... IBM 174.52
16 Intel Corp INTC 36.82
17 Johnson & Johnson JNJ 113.25
18 JPMorgan Chase and Co JPM 84.63
19 McDonald's Corp MCD 122.57
20 Merck & Co Inc MRK 61.99
21 Microsoft Corp MSFT 64.65
22 Nike Inc NKE 52.90
23 Pfizer Inc PFE 31.73
24 Procter & Gamble Co PG 87.60
25 Travelers Companies Inc TRV 117.78
26 United Technologies Corp UTX 109.67
27 UnitedHealth Group Inc UNH 162.10
28 Verizon Communications Inc VZ 49.01
29 Visa Inc V 82.71
30 Wal-Mart Stores Inc WMT 66.74
Jan/31/2017
DJIA 19,864.09

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