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An Index Is Made Up of Stock A, Stock B

question 50

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An index is made up of Stock A, Stock B, and Stock C. The prices of the three stocks are $45, $126, and $64. If Stock B undergoes a 3-for-1 stock split, what is the new index divisor?

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Definitions:

Average

A statistical measure representing the central or typical value in a set of data, calculated usually as the sum of the values divided by the number of values.

Real Numbers

Real numbers include all the numbers on the number line, encompassing rational and irrational numbers, positive, negative, and zero.

Complex Fraction

A fraction that consists of a fraction within its top or bottom number, or in both.

Simplify

The process of reducing a mathematical expression to its simplest form, by performing operations and combining like terms.

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