Question
You construct a price-weighted index of 45 stocks. At the beginning of the day the index is 6,542.19. During the day, 44 stock prices remain
You construct a price-weighted index of 45 stocks. At the beginning of the day the index is 6,542.19. During the day, 44 stock prices remain the same, and one stock price increases $3.00. At the end of the day, your index value is 6,579.17. What is the divisor on your index?
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Adventure Finance
Authors: Aunnie Patton Power
1st Edition
3030724271, 978-3030724276
