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Yesterday the value of price weighted index was 650, based upon 50 stocks with an average price of $88. Today, just before market open one
Yesterday the value of price weighted index was 650, based upon 50 stocks with an average price of $88. Today, just before market open one of the stocks split on a 2-1 basis, which drove the average price down to $87. What is the new divisor?
- 6.69
- 49
- 100
- .134
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