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The following table shows the price movements of three stocks that comprise a price-weighted index. 1.2733 1.3137 1.2811 1.3571 Stock Price Date 150 170 165**
The following table shows the price movements of three stocks that comprise a price-weighted index.
1.2733
1.3137
1.2811
1.3571
Stock Price Date 150 170 165** 85 40 12 100 95* Jan. 2, 2012 Jan. 3, 2012 Jan. 4, 2012 12*** Jan. 5, 2012 4:1 split on stock Y after close on 1/3/2012 2:1 split on stock Z after close on 1/4/2012 *3:4 reverse split on stock X after close on 1/5/2012 The base date for the index is Jan. 2, 2012 24 Calculate the divisor used for the opening of Jan. 6, 2012. Round intermediate steps and your final answer to four decimals
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