Question
Suppose on May 31, 2022, the DJIA opened at 33,444.59. The divisor at that time was 0.15497. In June 2022, United Healthcare (UNH) was the
Suppose on May 31, 2022, the DJIA opened at 33,444.59. The divisor at that time was 0.15497. In June 2022, United Healthcare (UNH) was the highest-priced stock in the DJIA and Walgreens (WBA) was the lowest. The opening price for UNH on May 31, 2022, was $566.78, and the closing price for WBA was $49.43. Suppose this day the other 29 stock prices remained unchanged and UNH increased 3.6 percent. What would the new DJIA level be? Now assume only WBA increased by 3.6 percent. Find the new DJIA level.
Note: Do not round intermediate calculations. Round your answers to 2 decimal places.
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