## Answers

Yesterday's details

Market value of 350000 shares at $23 = 23*350000 = $8050000

Market value of 405000 shares at $43 = 43*405000 = $17415000

Market Value of 553000 shares at $56 = 56*553000 = $30968000

Total market value of index = 805000+17415000+30968000 = $56433000

Market value weighted index yesterday = $970

so divisor = 56433000/907 = 58178.35

today' details

Market value of 350000 shares at $23 = 23*350000 = $8050000

Market value of 405000 shares at $41 = 41*405000 = $16605000

Market Value of 553000 shares at $58 = 58*553000 = $32074000

Total market value of index = 805000+16605000+32074000 = $56729000

So, market value weighted index today = 56729000/58178.35 = 975

So new value of index = 975

.#### Similar Solved Questions

1 answer

##### From his daily allowance, Eric has saved 74 coins made up of denominations of one peso and five pesos

From his daily allowance, Eric has saved 74 coins made up of denominations of one peso and five pesos. How many of each kind has he if the coins amount to P170...

1 answer

##### Writing Lewis Structures d. Because oxygen is more electronegative than nitrogen, it is more likely to...

Writing Lewis Structures d. Because oxygen is more electronegative than nitrogen, it is more likely to have a negative formal charge. Which structure would then be the best description of N,O? e. Are the structures that have the N-O-N bond skeleton resonance forms of the structures with the N-N-O sk...

1 answer

##### Question 34 of 34 > Use the van der Waals equation of state to calculate the...

Question 34 of 34 > Use the van der Waals equation of state to calculate the pressure of 3.60 mol of Xe at 469 K in a 5.30 L vessel. Use this list of van der Waals constants. 900 Use the ideal gas equation to calculate the pressure under the same conditions. rect ges Van der Waals Constants Acids...

1 answer

##### Compare between short interset rate and long interset rate?

compare between short interset rate and long interset rate?...

1 answer

##### Thank you! 16) In 2005, company was operating at 75% capacity. Rounding down to the nearest...

thank you! 16) In 2005, company was operating at 75% capacity. Rounding down to the nearest percent, what is the highest discount that the company could offer without losing money on incremental sales? a) 25% b) 27% c) 33% d) 40%. e) 75%...

1 answer

##### What is the medical management for Pediatric Acute Nephrotic Syndrome?

what is the medical management for Pediatric Acute Nephrotic Syndrome?...

1 answer

##### 4. Show income and substitution effect on graph when price of a normal good decreases. (10...

4. Show income and substitution effect on graph when price of a normal good decreases. (10 points)...

1 answer

##### Given the following information, what would the real growth be in 2015? Nominal GDP GDP Deflator...

Given the following information, what would the real growth be in 2015? Nominal GDP GDP Deflator 2014$500 billion 200 2015$575 billion 220 O 11% 4.5% O 3.2%...

1 answer

##### 10% D EF 2:02 282388 Chapter 1 Homework Help Save & Exit Submit Check my work...

10% D EF 2:02 282388 Chapter 1 Homework Help Save & Exit Submit Check my work 13 Part 10 /15 Required information The following information applies to the questions displayed below) Martinez Company's relevant range of production is 7.500 units to 12,500 units. When it produces and sells 10,...

2 answers

##### A drum major Twirls a 960cm-long, 400 g baton about its center of mass at 100 rpm. What is the...

A drum major Twirls a 960cm-long, 400 g baton about its center of mass at 100 rpm. What is the batons rotational kinetic energy?...

1 answer

##### Which of the following statements is the “least” accurate about formal audit engagement communication: a. Provide...

Which of the following statements is the “least” accurate about formal audit engagement communication: a. Provide an opportunity for the engagement client to respond b. Document the corrective actions by qppropriate management. c. Provide a formal means by which the external auditor asse...

1 answer

##### Which primates are considered Hominoids? How are they different from other primates?

Which primates are considered Hominoids? How are they different from other primates?...

1 answer

##### 6.5 lbm/s of refrigerant 134a initially at 40 psia and 60 F is throttled adiabatically to...

6.5 lbm/s of refrigerant 134a initially at 40 psia and 60 F is throttled adiabatically to 20 psia ft a) What is the volumetric flow rate before throttling? b) What is the volumetric flow rate after throtting? (Assume that the change in kinetic energy is negligible.) c) What is the temperature after ...

1 answer

##### 7. Problem 3.23(d) [10 POINTS]: [DNF] Use , Λ,V to give compound propositions with these truth-tables....

7. Problem 3.23(d) [10 POINTS]: [DNF] Use , Λ,V to give compound propositions with these truth-tables. [Hint: You need only consider the rows uwhich are T. Think OR of AND's. T TTF T F T F (d) T F FF FTFT FF TF (AND-OR-NOT formulas use only , A, V. Any truth-table can be realized by an AN...

1 answer

##### Prize Mustard uses a process costing system with two departments: (a) a Mixing Department, and (b)...

Prize Mustard uses a process costing system with two departments: (a) a Mixing Department, and (b) a Bottling Department. During May, Prize generated $120,000 in revenue by producing 40,000 gallons (10,000 cases) of mustard. The companyreduces its work in process inventories to zero eachmonth. Manuf...