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Suppose on January 1, you invest $1000 in the price weighted index. What is the dollar value of your shares in XON on December 31?
Suppose on January 1, you invest $1000 in the price weighted index. What is the dollar value of your shares in XON on December 31?
Shares outstanding on Jan 1st (millions) Stock split effective before trading Closing stock price on June 1st Price on Price on Dec 31st Stock Jan 1st opens June 2nd 1-for-2 75 DIS XON WMT 62 58 24 2.00 1.25 0.90 50 62 24 48 20 3-for-2Step by Step Solution
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