84. A price-weighted index series is composed of the following three stocks: Price before Split
Price after Split
Stock
End of Day 1
End of Day 2
X $10 $12
Y $20 $19
Z $60 $22
If stock Z completes a three-for-one split at the end of Day 1, the value of the index after the split
(at the end of Day 2) is closest to:
A. 31.7.
B. 29.9.
C. 32.3.
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