A Price-Weighted Index Consists of Stocks A,B,and C Which Are

question 52

Multiple Choice

A price-weighted index consists of stocks A,B,and C which are priced at $30,$12,and $18 a share,respectively.The current index divisor is 2.40.If stock C undergoes a 1-for-3 reverse stock split,the new index divisor will be:

• A) 1.92
• B) 2.11
• C) 2.20
• D) 3.08
• E) 3.12

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Definitions:

Genes

Basic units of heredity made up of DNA that determine the characteristics and traits inherited from parents to offspring.

Proteins

Large biomolecules or macromolecules consisting of one or more long chains of amino acid residues, which perform a vast array of functions within organisms.

Physical Development

The biological process of growth and change in the human body over time, including size, shape, and motor skills.

Genetic

Pertains to genes or heredity.