Question
Wall Street Stock Price/Share Shares Outstanding Stock X Y Z X Y Z 13-Jan $ 22.00 $ 36.00 $ 52.00 1000 2000 1000 14-Jan $
Wall Street Stock
Price/Share Shares Outstanding Stock X Y Z X Y Z 13-Jan $ 22.00 $ 36.00 $ 52.00 1000 2000 1000 14-Jan $ 25.00 $ 33.00 $ 28.00 1000 2000 2000 15-Jan $ 36.00 $ 29.00 $ 25.00 1000 2000 2000 16-Jan $ 15.00 $ 32.00 $ 23.00 3000 2000 2000
*2:1 Split on Stock Z after Close on Jan. 13 **3:1 Split on Stock X after Close on Jan. 15 The base date for index calculations is January 13
A. Calculate a price weighted average for January 13th. B. What is the divisor at the beginning of January 14th? C. Calculate a value weighted index for January 13th if the initial index value is 100 D. Calculate a value weighted index for January 14th if the initial index value is 100
Can you explain it how you got the answer step by step. Please dont skip any steps. I really want to learn the material. If you can use a calculator that be great too. Thank you.
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