Q40. a price-weighted series is composed of the following three stocks; Stock number of shares outstanding price A 1,000,000 $10 B 5,0ob,0oo $20 C 6,000,000 $60 If stock C completes a two-for-one stock split, the value of the index after the spilt will be close to: A. ?0. B. 30. C. 97. D. 157.
答案和详解如下:
Q40. B Study Session 13-56.a The value is the same both before and after the split. The divisor is adjusted to made the value constant. Because the split: 10+20+60=90/3=30. after the split: 10+20+30=60/*=30. new divisor = 2.
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