Calculate the price weighted index value for 31 Dec 2020, prior to the splits. Shares W and X had 2 for 1 splits after the close on 31 Dec 2020. The pre-split divisor was 4.

Entrepreneurial Finance
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ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter14: Security Structures And Determining Enterprise Values
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Calculate the price weighted index value for 31 Dec 2020, prior to the splits. Shares W and X
had 2 for 1 splits after the close on 31 Dec 2020. The pre-split divisor was 4.
Share
W
X
Y
Z
Select one:
O A. 121.25
O B. 72.5
O C. 81.69
O D. 100.0
31-Dec-20
Closing Price
$ 75.00
$ 150.00
$ 25.00
$ 40.00
31-Dec-20
Shares
10,000
5,000
20,000
25,000
31-Dec-21
Closing Price
$50.00
$65.00
$35.00
$50.00
31-Dec-21
Shares
20,000
10,000
20,000
25,000
Transcribed Image Text:Calculate the price weighted index value for 31 Dec 2020, prior to the splits. Shares W and X had 2 for 1 splits after the close on 31 Dec 2020. The pre-split divisor was 4. Share W X Y Z Select one: O A. 121.25 O B. 72.5 O C. 81.69 O D. 100.0 31-Dec-20 Closing Price $ 75.00 $ 150.00 $ 25.00 $ 40.00 31-Dec-20 Shares 10,000 5,000 20,000 25,000 31-Dec-21 Closing Price $50.00 $65.00 $35.00 $50.00 31-Dec-21 Shares 20,000 10,000 20,000 25,000
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