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Question
A price-weighted index consists of stocks A, B, and C which are priced at $50, $35, and $15 a share, respectively. The current index divisor is 2.75. What will the new index advisor be if stock A undergoes a 5-for-1 stock split?A. 0.40
B. 0.65
C. 1.00
D. 1.65
E. 1.85
Answer
This answer is hidden. It contains 41 characters.
Related questions
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