Problemyou construct a price-weighted index of 78 stocks at, Ask an Expert

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Problem:

You construct a price-weighted index of 78 stocks. At the beginning of the day the index is 9,364.36. During the day, 77 stock prices remain the same, and one stock price increases $4.30. At the end of the day, your index value is 9,417.95.

Problem:

Question 1: What is the divisor on your index? Please provide all calculation and methods to solve it.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91146954

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