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 $37, $312, and $94, respectively. If Baker undergoes a 2-for-1 stock split, what is the new divisor for the price-weighted index?

(Round your answer to 6 decimal places.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92052031

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