Able baker and charlie are the only three stocks in an, Ask an Expert

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Able, Baker, and Charlie are the only three stocks in an index. The stocks sell for $49, $200, and $112, respectively. If Baker undergoes a 3-for-2 stock split, what is the new divisor for the price-weighted index? (Do not round intermediate calculations. Round your answer to 5 decimal places.)

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Financial Management, Finance

Category:- Financial Management
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