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Assume a Price-Weighted Index of 50 Stocks Closes at 5463

Question 51

Multiple Choice

Assume a price-weighted index of 50 stocks closes at 5463.12. The divisor is 2.463215. The next day the prices for 49 of the stocks remain the same and one stock increases by $5.00. What is the new index level?


A) 5480.32
B) 5465.15
C) 5472.26
D) 5490.63
E) 5468.70

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