On January 4, 2019, the DJIA opened at 12,719.01. The divisor at that time was...
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On January 4, 2019, the DJIA opened at 12,719.01. The divisor at that time was 147808492. In January 2019, Boeing was the highest- priced stock in the DJIA and Cisco was the lowest. The closing price for Boeing on January 3, 2019, was $380.90, and the closing price for Cisco was $46.67. Suppose the next day the other 29 stock prices remained unchanged and Boeing increased 3.6 percent What would the new DJIA level be? Now assume only Cisco increased by 3.6 percent. Find the new DJIA level. (Do not round intermediate calculations. Round your answers to 2 decimal places.) DJIA if Boeing increases 3.6 percent DJIA if Cisco increases 3.6 percent
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