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

question 38

Multiple Choice

A price-weighted index consists of stocks A,B,and C which are priced at $27,$11,and $18 a share,respectively.The current index divisor is 2.24.If stock B undergoes a 1-for-3 reverse stock split,the new index divisor will be:

• A)1.9467.
• B)2.1806.
• C)2.2000.
• D)3.0842.
• E)3.1200.

---

Definitions:

Receptive Language

The skill of processing and interpreting language, whether it's spoken or written.

Outcome Simulations

The mental process of envisioning or predicting the consequences or results of actions, scenarios, or events.

Aphasia

A neurological condition characterized by the loss or impairment of the ability to communicate through speech, writing, or comprehension.

Linguistic Determinism

The idea that language shapes and limits human thought processes and perceptions.