One question about price-wighted from CFA L1 - 未名空间MITBBS历史存档

国际科技财经博客移民网络热点娱乐民生时事公众号

Redian新闻

>未名空间

>Business - 商学院

One question about price-wighted from CFA L1

One question about price-wighted from CFA L1# Business - 商学院

c*62008-12-05 08:12

1 楼

Best offer.
All 4 courses review books (Books have been used, there are highlightings
and notes but these are otherwise in good condition and can help you pass
the CPA!! )
Data Cds includede but the course cds already expired.
Complete 4 sets flashcards

w*g2008-12-05 08:12

2 楼

49、A price-weighted series is composed of the following three stocks:
Stock Number of Shares Outstanding Price
A 1,000,000 $10
B 5,000,000 $20
C 6,000,000 $60
If stock C completes a two-for-one stock split, the value of the index after
the split will be closest to:
A. 20.
B. 30.
C. 97.
D. 157.
Answer is "The value is the same both before and after the split. The
divisor is adjusted to make the value constant. Before the split: 10 + 20 +
60 = 90 / 3 = 30. After the spli

v*r2008-12-05 08:12

3 楼

good question helping me to calarify this as well. the divisor must be
adjusted for stock splits and other changes in the index to maintain the "
CONTINUITY" of the series.... no calculuation needed here, no change ...

after

【在 w******g 的大作中提到】

: 49、A price-weighted series is composed of the following three stocks:
: Stock Number of Shares Outstanding Price
: A 1,000,000 $10
: B 5,000,000 $20
: C 6,000,000 $60
: If stock C completes a two-for-one stock split, the value of the index after
: the split will be closest to:
: A. 20.
: B. 30.
: C. 97.