On October 28 2015 the DJIA opened at 176666 The divisor at

On October 28, 2015, the DJIA opened at 17,666.6. The divisor at that time was 0.14967727. Suppose on this day the prices for 29 of the stocks remained unchanged and one stock increased $9.00. What would the DJIA level be at the end of the day? (Round your answer to 2 decimal places.)

Solution

p/.14967727=17666.6

p=2644.288458

Now close value = 2644.288458+9=2653.288458

DJIA level of the end of the day:

=2653.288458/.14967727

=17,726.73