Question
Using the table below, for the price-weighted index, if stock A is split 2 to 1; stock B is split 3 to 1; and stock
Using the table below, for the price-weighted index, if stock A is split 2 to 1; stock B is split 3 to 1; and stock C is split 2 to 1; what is the divisor?
| Stock | Share | Price | Beta | Return |
| A | 100,000 | $ 20 | 0.95 | 10% |
| B | 150,000 | $ 30 | 1.05 | 12% |
| C | 100,000 | $ 35 | 1.15 | 14% |
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Financial Modeling
Authors: Simon Benninga, Tal Mofkadi
5th Edition
0262046423, 9780253337825
