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

question 38

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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:


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Items or services considered essential for basic living and survival, often distinguishing between luxury goods and necessities for legal and economic purposes.

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