Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. on january 4, 2019, the djia opened at 12,719.01.

On January 4, 2019, the DJIA opened at 12,719.01. The divisor at that time was...

80.2K

Verified Solution

Question

Finance

image
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

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Fill in the blank with the appropriate medical term. Please “BOLD” the terms that you insert. Mary...

Medical Sciences
Q

which grade of steele example steel 304,316, 321,202, is suitable and easy drilled? please give right...

Mechanical Engineering
Q

Limo Ltd is a small family owned company that has been suffering from the credit crunch...

Accounting
Q

A string is wrapped around a 6.00-kg cylinder whose radius is45.0 cm. A weight whose...

Physics
Q

Cheese production in a country is currently growing at a rate of 3% per year....

Basic Math
Q

required information skip to question [the following information applies to the questions displayed below.] use...

Accounting
Q

At the end of 2020, Blossom Co. has an allowance for doubtful accounts of $34,000....

Accounting
Q

1. Single plantwide factory overhead rate The total factory overhead for Bardot Marine Company is...

Accounting
Q

Question 33 2 pts The first step for implementing activity-based costing is Calculate activity rates...

Accounting
Q

Please select an example of a temporary accounting difference below. Repairs \& Maintenance Expense Travel...

Accounting
Q

A plant manager is considering buying additional stamping machines to accommodate increasing demand. The alternatives...

Finance
Q

Please prepare a balanced score card using the information provided. You should prepare a balanced...

Accounting