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Suppose that the Dow Jones Corporation decides to remove Intel (INTC) from the Dow Jones Industrial Average and replace them with Facebook (FB). Use the
Suppose that the Dow Jones Corporation decides to remove Intel (INTC) from the Dow Jones Industrial Average and replace them with Facebook (FB). Use the closing numbers for the Dow on Monday to find the ned divisor for the Dow. Intel was selling for $65 per share with a market cap of $276 billion. Facebook was selling for $207 per share with a mareket cap of $589 billion.
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Millon Cornett
1st International Edition
0071181334, 9780071181334
