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The Aqua Index is a price-weighted stock index based on the 5 largest boat manufacturers in the nation. The stock prices for the five companies
The "Aqua Index" is a price-weighted stock index based on the 5 largest boat manufacturers in the nation. The stock prices for the five companies are $10, $20, $80, $50, and $40 per share, respectively. The price of the third company was just split 2-for-1 and the stock price was halved from $80 to $40 per share. What is the new divisor for the price-weighted index? Round to the nearest 0.01.
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