The Paws Index is a price weighted stock index based on the 3 largest pet food manufacturers in the nation. The stock prices for the three stocks are $30, $15, and $50. The price of the last stock was just split 3 for 1 and the stock price was reduced from $60 to $20. What is the new divisor for a price weighted index? 1.86
The Paws Index is a price weighted stock index based on the 3 largest pet food manufacturers in the nation. The stock prices for the three stocks are $30, $15, and $50. The price of the last stock was just split 3 for 1 and the stock price was reduced from $60 to $20. What is the new divisor for a price weighted index? 1.86
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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Question 14?
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Given Information:
Price of first stock is $30
Price of Second stock is $15
Price of third stock is $60
To Find:
- New Divisor
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