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There are 3 stocks comprising a Price-Weighted Average. The price of the stocks on 10/4/17 are as follows; Price 10/4/2017 Stock $19 A $45 $33
There are 3 stocks comprising a Price-Weighted Average. The price of the stocks on 10/4/17 are as follows; Price 10/4/2017 Stock $19 A $45 $33 C A) Calculate the value of the Average on 10/4/17. B) Assume Stock B splits 2 for 1 on 10/5, and otherwise prices did not change. Calculate the Average after the split on 10/5/17. C)Assume the closing price for the stocks rise in value on 10/6/2017 and are as follows, calculate the Average. Price 10/6/2017 10/5/2017 10/4/2017 Stock $20 $19 $19 $24 $22.50 $45 $33 $35 $33 ABC
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