Suppose there are only two stocks in the market and the following information is given:

	Shares Outstanding	Beginning of Year Price	End of year Price
Ally Co.	100 million	$60	$66
McBeal, Inc.	400 million	126	100

Suppose that McBeal splits 3-for-1. Based on beginning information, what is the new divisor? (Note: Before the split, the divisor is 2. Round your answer to four decimal places.)