At the end of 1stJanuary 2021, three stocks have share prices of $12, $75, and $30 with total market values of $400 million, $350 million and $150 million respectively. These stocks belong to companies A, B and C respectively. On the morning of 2ndJanuary, company A declared a one-time special dividend of $4. What divisor will you use to calculate the value of your price weighted index on 2ndJanuary, 2021? [Assume 1stJanuary 2021is the first day you constructed your price weighted index] A)3.000 B)2.897 C)2.987 D)3.151

At the end of 1stJanuary 2021, three stocks have share prices of $12, $75, and $30 with total market values of $400 million, $350 million and $150 million respectively. These stocks belong to companies A, B and C respectively. On the morning of 2ndJanuary, company A declared a one-time special dividend of $4. What divisor will you use to calculate the value of your price weighted index on 2ndJanuary, 2021? [Assume 1stJanuary 2021is the first day you constructed your price weighted index] A)3.000 B)2.897 C)2.987 D)3.151

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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Question

At the end of 1stJanuary 2021, three stocks
have share prices of $12, $75, and $30 with
total market values of $400 million, $350
million and $150 million respectively. These
stocks belong to companies A, B and C
respectively. On the morning of 2ndJanuary,
company A declared a one-time special
dividend of $4. What divisor will you use to
calculate the value of your price weighted
index on 2ndJanuary, 2021? [Assume
1stJanuary 2021is the first day you
constructed your price weighted index]
A)3.000 B)2.897 C)2.987 D)3.151

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