Correct Answer is provided. I just can't figure out how to get there.
With removal of a stock, index level remains unchanged
Hence,
Index Value=763
Index value=Sum(Number of shares*Share
Price)/Divisor=(324000*88+206000*94+241000*23)/Divisor
=>Divisor=(324000*88+206000*94+241000*23)/763
=>Divisor=70011.79554
Correct Answer is provided. I just can't figure out how to get there. Question 2 0 out of 10 points A market value weig...
A market value weighted index has three stocks in it, call them A, B, and C, priced at 54, 60, and 27 per share. Each firm has 339, 376 and 421 thousand shares outstanding, respectively. The value of the index at close of trading day is 834. At this time, the index decides to remove stock C from the index, and in its place to insert stock D. Stock D has a closing price of $85 per share, and 196...
QUESTION 1 A market value weighted index has three stocks in it, call them A, B, and C, priced at 32, 58, and 83 per share. Each firm has 455, 143 and 155 thousand shares outstanding, res pective ly. The value of the index at that time is 742. Over the course of the next quarter, the prices of the three stocks change to 40, 82, 55, respectively. What is the new value of the index? Enter answer accurate to...
Correct answer provided. Need steps on how to get there. Question 12 O out of 10 points A call option on a stock, with time to maturity of 2 months and strike price of $25.67, is currently trading at a premium of X $1.78 per share. If you buy options on 20,000 shares (200 contracts), and then at maturity the stock is trading at $22.76, what is your net profit from this position? Selected Answer: 22,600 -35,600.00 + 1% Correct...
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I need to know process of computing those problem and why that answer is correct. 1. An XYZ OCT 30 call option is trading at a premium of 2 and 1/2. If XYZ is trading at 28, the option has which two of the following properties? 1. An intrinsic value of 2 2. An intrinsic value of 0 3. A time value of 1/2 4. A time value of 2 and 1/2 Answer : 2 and 4 2. M. Bullock...
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I just want to know if my answer is correct, and how to get the answer. Thanks. For the Balk Corp. in 2018: Balance Sheet ($000s): Dec 31, 2018 | Dec 31, 2017 | Average ◊―――――――――――――――――――――――――――――◊ Cash: 420,000 | 120,000 | 270,000 Accounts receivable, net: 492,000 | 300,000 | 396,000 Inventories: 412,000 | 340,000 | 376,000 Plant and equipment, net: 1,700,000 | 1,112,000 | 1,406,000 Accumulated Depreciation: (184,000) | (192,000) | (188,000) Total Assets: 2,840,000 | 1,680,000 | 2,260,000 ◊―――――――――――――――――――――――――――――◊...
Chapter 2 Assignment Q Search this cou 12. Market value ratios Ratios are mostly calculated based on the financial statements of a firm. However, another group of ratios, called market-based ratios, relate to a firm's observable market value, stock prices, and book values, integrating information from both the market and the firm's financial statements. Consider the case of Atlantic Northern Inc.: Atlantic Northern Inc. just reported a net income of $9,000,000, and its current stock price is $34.00 per share....