Part II: Problem Solving (80 points) Problem 5: 1) (10 points) A price-weighted index consists...
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Part II: Problem Solving (80 points) Problem 5: 1) (10 points) A price-weighted index consists of Stocks A, B, and C which are priced at $50, $35, and $15 a share, respectively. The current index divisor is 3. What will the new index divisor be if Stock A undergoes a 5-for-1 stock split? (show your steps) INT
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