You construct a price-weighted index of 31 stocks at the, Financial Management

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You construct a price-weighted index of 31 stocks at the

You construct a price-weighted index of 31 stocks. At the beginning of the day the index is 5,607.47. During the day, 30 stock prices remain the same, and one stock price increases $4.50. At the end of the day, your index value is 5,647.94. What is the divisor on your index? (Do not round intermediate calculations. Round your answer to 8 decimal places.)

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