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DJIA Index Value

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Assume the DJIA closed at 12,487 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 $54.80 a share yesterday to $56.90 a share today. What is the DJIA index value at the close of trading today?

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The solution determines the DJIA index value.

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Answer:
We have,
Closing value of ...

Solution provided by:
Jayant Kumar, MBA
Education
  • MBA, Indian Institute of Finance
  • Bsc, Madras University
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