Consider the following information regarding stocks A,B and c

Stock             Day 1 price              Day 2 price             # of shares outstanding

A                           $44                         $46                                    10

B                           $ 12                        $10                                     50

C                            $77                         $81                                     20

At the close of Day 1 you construct a price weighted index with a beginning index value of 100.

1) compute the divisor for this index

2) compute the index value at the close of day 2

3) At the close of day 2, stock C splits two. Compute the new value of the divisor

4) Compute a value weighted index with an initial index value of 100, compute the index value at the end of day 2.