Stock A sells for $80.00, Stock B for $60.00, and Stock C for $40.00. Stock B splits three for 1. What divisor should be used in computing the price-weighted (Dow Jones type) average? 0.43 2.33 4.33 3.00

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Stock A sells for $80.00, Stock B for $60.00, and Stock C for $40.00. Stock B splits
three for 1. What divisor should be used in computing the price-weighted (Dow
Jones type) average?
O.43
2.33
4.33
3.00
Transcribed Image Text:Stock A sells for $80.00, Stock B for $60.00, and Stock C for $40.00. Stock B splits three for 1. What divisor should be used in computing the price-weighted (Dow Jones type) average? O.43 2.33 4.33 3.00
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