USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
*2:1 Split on Stock Z after Close on Jan. 13, 2005
**3:1 Split on Stock X after Close on Jan. 15, 2005
The base date for index calculations is January 13, 2005
-Refer to Exhibit 4.2. What is the divisor at the beginning of January 14th?
A) 3.0
B) 2.5
C) 2.2734
D) 1.9375
E) 3.2852

Question

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
  *2:1 Split on Stock Z after Close on Jan. 13, 2005
**3:1 Split on Stock X after Close on Jan. 15, 2005
The base date for index calculations is January 13, 2005
-Refer to Exhibit 4.2. What is the divisor at the beginning of January 14th?
A) 3.0 
B) 2.5 
C) 2.2734 
D) 1.9375 
E) 3.2852

Quizplus · Accepted Answer

The Answer of USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
  *2:1 Split on Stock Z after Close on Jan. 13, 2005
**3:1 Split on Stock X after Close on Jan. 15, 2005
The base date for index calculations is January 13, 2005
-Refer to Exhibit 4.2. What is the divisor at the beginning of January 14th?
A) 3.0 
B) 2.5 
C) 2.2734 
D) 1.9375 
E) 3.2852