Ten years ago, Ann was gifted a bond. If the investment earned an annual interest of 3.2% compounded quarterly for the life of t
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Answer:
price divisor after split is 4.5
Explanation:
given data
stock prices = $10
stock prices = $20
stock prices = $80
stock prices = $50
stock prices = $40
solution
we find here first price weighted index for all 5 stock that is
price weighted index =
price weighted index = $40
so
price weighted index before split is $40
so after split last stock became half
so new price divisor
we consider denominator to be x
so
40 =
x =
x = 4.5
so price divisor after split is 4.5