Assume the DJIA Closed at 15,150 Last Night

question 77

Multiple Choice

Assume the DJIA closed at 15,150 last night. The divisor is .123017848. Assume that 29 of the stocks in the index were unchanged today. One stock increased in value from $44.80 a share yesterday to $47.90 a share today. What is the DJIA index value at the close of trading today?

• A)15,175.20
• B)15,208.30
• C)15,365.60
• D)15,412.20
• E)15,524.10

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Definitions:

Free Trade

The absence of tariffs, quotas, or other governmental restrictions on international trade, allowing goods and services to move freely across borders.

Developing Countries

Nations with a lower level of industrialization, lower income per capita, and usually lower standards of living, often working towards more advanced social and economic status.

Economic Openness

The extent to which a country allows for the free flow of goods, services, and capital across its borders.

United States Agency

Generic term for any of various organizations of the United States government, responsible for specific functions.