What Effect Does a Stock Substitution or Stock Split Have

question 42

Multiple Choice

What effect does a stock substitution or stock split have on a price-weighted series?

• A) Index remains the same, divisor will increase/decrease.
• B) Divisor remains the same, index will increase/decrease.
• C) Index and divisor will both remain the same.
• D) Index and divisor will both reflect the changes (immediately).
• E) Not enough information is provided.

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Definitions:

Ester Enolate

A reactive intermediate formed from the deprotonation of an ester, used in various organic synthesis reactions.

pKa

A quantitative measure of the strength of an acid in solution, representing the acid dissociation constant on a logarithmic scale.

Diethyl Malonate

An ester of malonic acid used as a reagent in organic synthesis, particularly in the synthesis of various organic compounds including barbiturates and vitamins.

Major Organic Product

The primary product of an organic reaction, generally formed in the greatest amount.