Exhibit 52
Use the Information Below for the Following Problem(S)

question 39

Multiple Choice

Exhibit 5.2
Use the Information Below for the Following Problem(S)
$\begin{array}{lcccccc} ~&&\text { Stock Price } &&& \text { \# Shares } \\ & \mathbf{X} & \mathbf{Y} & \mathbf{Z} & \mathbf{X} & \mathbf{Y} & \mathbf{Z} \\ \text { Jan. } 13,2005 & 20 & 40 & 30 & 1000 & 2000 & 1000^{*} \\\text { Jan. } 14,2005 & 25 & 42 & 18 & 1000 & 2000 & 2000 \\\text { Jan. } 15,2005 & 27 & 45 & 8 & 1000^{* *} & 2000 & 2000 \\\text { Jan. } 16,2005 & 20 & 40 & 10 & 3000 & 2000 & 2000\end{array}$
*2:1 Split on Stock Z after Close on Jan. 13, 2005
**3:1 Split on Stock X after Close on Jan. 15, 2005
The base date for index calculations is January 13, 2005
-Refer to Exhibit 5.2.What is the divisor at the beginning of January 14th?

• A) 3.0
• B) 2.5
• C) 2.2734
• D) 1.9375
• E) None of the above

---

Definitions:

High Self-Esteem

A positive evaluation of oneself, characterized by feelings of self-worth and confidence in one's abilities.

Genuineness

Genuineness is the quality of being authentic, honest, and sincere in one's interactions with others.

Defense Mechanisms

Psychological strategies brought into play by individuals to cope with reality and to maintain self-image.

Displacement

In psychoanalytic theory, a defense mechanism where an individual redirects emotional impulses from a real object to a substitute object.