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Assume the $45 stock from QUESTION 1 announces a 3:1 split. What is the new...

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Finance

Assume the $45 stock from QUESTION 1 announces a 3:1 split. What is the new divisor required to maintain the integrity of the index? QUESTION1: If a stock index has 3 stocks with the following prices : $30, $45, and $55; What is the Price Weighted Index? Round your answer to 2 decimal places (XX.XX) Answer for QUESTION1: 43.33

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