You construct a price-weighted index of 45 stocks at the, Finance Basics

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You construct a price-weighted index of 45 stocks at the

Question: You construct a price-weighted index of 45 stocks. At the beginning of the day the index is 8,649.21. During the day, 44 stock prices remain the same, and one stock price increases $5.30. At the end of the day, your index value is 8,678.66. What is the divisor on your index? (Do not round intermediate calculations. Round your answer to 8 decimal places.)

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Finance Basics: You construct a price-weighted index of 45 stocks at the

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Finance Basics: You construct a price-weighted index of 45 stocks at the

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