The following three defense stocks are to be combined into a stock index in January 2016 (perhaps a portfolio manager believes these stocks are an appropriate benchmark for his or her performance) : Suppose that Douglas McDonnell shareholders approve a 7-for-1 stock split on January 1, 2017.
Price
Shares (millions) 1/1/16 1/1/17 1/1/18
Douglas McDonnell 530 $62 $66 $81
Dynamics General 230 34 28 42
International Rockwell 330 63 52 68
What is the new divisor for the index?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The following three defense stocks are to be combined into a stock index in January 2016 (perhaps a portfolio manager believes these stocks ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Tariffs and other trade restrictions increase the domestic scarcity of products from abroad. Such policies benefit domestic producers of the restricted products at the expense of domestic consumers." This statement:A.
Answers (1)
The cost of an asset is 1,100.000 ands its residual value is 140,000 estimated useful life of the asset is eight years. Calculate the depreciation for the second year using double declining balance method of depreciation. A) $266,400. B) $324,000.
Answers (1)
Definition of net worth?
Answers (2)
The current spot exchange rate is $1.55 = €1.00 and the three-month forward rate is $1.60 = €1.00. consider a three-month american call option on €62,500. for this option to be considered at-the-money, the strike price must be
Answers (1)
A rectangular garden of area 300 square feet is to be surrounded on three sides by a brick wall costing $ 10 per foot and on one side by a fence costing $ 5 per foot. Find the dimensions of the garden such that the cost of the materials is minimized.
Answers (1)
New Questions in Business
Hubert is a veteran of the First Gulf War. What could be a reason for him to seek a VA loan?
Answers (1)
A complex product development process, including an extensive business analysis to determine the possibility of success, are hallmarks of aa) genuinely new product. b) radically new product. c) new product failure. d) controlled new product.
Answers (1)
Which of the following is an incorrect statement regarding Bonus Depreciation? A. Bonus Depreciation is useful to very large businesses spending more than the Section 179 spending limit B.
Answers (1)
Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: Sales $ 36,480,000 Net operating income $ 2,808,960 Average operating assets $ 8,000,000 The company's minimum required rate of
Answers (1)
Which of the following transactions is considered a "Vendors and Expenses" transaction? A. Invoice B. Receive Payment C. Pay Bills D. Make Deposit
Answers (1)