Assume the DJIA closed at 15,150 last night.The divisor is 0.123017848.Assume that 29 of the stocks in the index were unchanged today.One stock increased in value from $44.80 a share yesterday to $47.90 a share today.What is the DJIA index value at the close of trading today?

Question

Quizplus · Accepted Answer

Old SP = 15,150 × 0.123017848 = 1,863.72
New SP = 1,863.72 + (47.90 − 44.80) = 1,866.82
New DJIA = 1,866.82 / 0.123017848 = 15,175.20

Assume the DJIA Closed at 15,150 Last Night