Instead, assume that the index is a market cap weighted index, but it is still 550 at the end of the day on 21-Oct-2019. What is the value of the index at the end of 23-Oct-2019 after CHO has been replaced with DIY (take the answer to 2 decimal places)? AAC BZF CHO DIY 21-Oct-19 $75.00 $150.00 $10.00 $106.00 22-Oct-19 $80.00 $140.00 $12.00 $107.00 23-Oct-19 $82.00 $135.00 $8.00 $104.00 Shares Outstanding (in thousands) 1,000 800 50,000 8,000
Instead, assume that the index is a market cap weighted index, but it is still 550 at the end of the day on 21-Oct-2019. What is the value of the index at the end of 23-Oct-2019 after CHO has been replaced with DIY (take the answer to 2 decimal places)? AAC BZF CHO DIY 21-Oct-19 $75.00 $150.00 $10.00 $106.00 22-Oct-19 $80.00 $140.00 $12.00 $107.00 23-Oct-19 $82.00 $135.00 $8.00 $104.00 Shares Outstanding (in thousands) 1,000 800 50,000 8,000
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Instead, assume that the index is a market cap weighted index, but it is still 550 at the
end of the day on 21-Oct-2019.
What is the value of the index at the end of 23-Oct-2019 after CHO has been
replaced with DIY (take the answer to 2 decimal places)?
AAC
BZF
CHO
DIY
21-Oct-19
22-Oct-19
$75.00
$80.00
$150.00 $140.00
$10.00
$12.00
$106.00
$107.00
23-Oct-19
$82.00
$135.00
$8.00
$104.00
Shares Outstanding
(in thousands)
1,000
800
50,000
8,000
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