Assume a Price-Weighted Index of 50 Stocks Closes at 5463

question 51

Multiple Choice

Assume a price-weighted index of 50 stocks closes at 5463.12. The divisor is 2.463215. The next day the prices for 49 of the stocks remain the same and one stock increases by $5.00. What is the new index level?

• A) 5480.32
• B) 5465.15
• C) 5472.26
• D) 5490.63
• E) 5468.70

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Definitions:

Social Dimension

Aspects of life and interactions that involve the organization, structure, and dynamics of societies or communities.

Holland Scales

A theory and set of measures developed by psychologist John L. Holland that classify people's preferences for particular environments and careers into six types.

Big Five Dimension

Refers to one of the five core components of personality in the Big Five model: openness, conscientiousness, extraversion, agreeableness, or neuroticism, each representing a broad area of personality traits.

Organizational Citizenship

Behaviors by employees that are beneficial to the organization but are not formally recognized by the organizational reward system.