On October 28, 2015, the DJIA opened at 13,032.26. The divisor at that time was 0.132246555. Suppose on this day the prices for 29 of the stocks remained unchanged and one stock increased $5. What would the DJIA level be at the end of the day? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
On October 28, 2015, the DJIA opened at 13,032.26. The divisor at that time was 0.132246555. Suppose on this day the prices for 29 of the stocks remained unchanged and one stock increased $5. What would the DJIA level be at the end of the day? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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:On October 28, 2015, the DJIA opened at 13,032.26. The divisor at that time was 0.132246555. Suppose on this day the prices for 29
of the stocks remained unchanged and one stock increased $5. What would the DJIA level be at the end of the day? (Do not round
intermediate calculations. Round your answer to 2 decimal places.)
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