Consider the following three stocks: 
Assume at these prices that the value-weighted index constructed with the three stocks is 490.What would the index be if stock B is split 2 for 1 and stock C 4 for 1?
Definitions:
Corporation Ratifies
An action whereby a corporation formally confirms or approves an agreement or decision made on its behalf.
Prior To Incorporation
Describes actions or agreements made before the formal establishment or registration of a corporation.
Directors
Individuals elected or appointed to oversee the strategic direction and management of an organization, ensuring it meets its statutory obligations and operates in the best interest of its stakeholders.
Fiduciary Duty
A legal obligation of one party to act in the best interest of another when entrusted with care of money or property, such as between trustees and beneficiaries.
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