What is divisor on your index

Assignment Help Financial Management

Reference no: EM131606173

You construct a price-weighted index of 54 stocks. At the beginning of the day the index is 6, 603.42. During the day, 53 stock prices remain the same, and one stock price increases $2.10. At the end of the day, your index value is 6, 650.03. What is the divisor on your index? (Round your answer to 8 decimal places.)

Reference no: EM131606173

Questions Cloud

When and where was delta founded and by whom : It is all about corporate structure, management, and basic financials of the companies. When and where was Delta founded and by whom?

What is most you would pay per share : The dividend for Should I, Inc., is currently $1.95 per share. what is the most you would pay per share?

Cash flows are expected to grow at an annual rate : what is the firm's value if cash flows are expected to grow at an annual rate of 0% from now to infinity?

What was market risk premium during these ten years : The average annual T-bill yield during the same period was 3.00 percent. What was the market risk premium during these ten years?

What is divisor on your index : You construct a price-weighted index of 54 stocks. At the end of the day, your index value is 6, 650.03. What is the divisor on your index?

Compare this valuation to the current market price : Compare this valuation to the current market price and decide if the stock is undervalued enough to provide an adequate margin of safety for investment.

Distribution is always equal to the population mean : The mean of the sampling distribution is always equal to the population mean. The shape of the sampling distribution is always approximately normal.

Calculate the diluted earnings per share : Calculate the number of shares that would have been issued at the market price. Calculate the Diluted Earnings per share.

What is the profitability index for the set of cash flows : What is the profitability index for the set of cash flows if the relevant discount rate is 9 percent?

User Account

All Pages