Assuming a divisor of 015 when the DJIA is at 21000 a round

Assuming a divisor of 0.15, when the DJIA is at 21,000 a round lot of all 30 component stocks has an investment cost of?

Solution

Dow Jones Industrial Average (DJIA) = ?p / d

Dow Jones Industrial Average = DJIA = 21,000

Dow Divisor = d = 0.15

Prices of the component stocks = ?p  = ?

Thus,

21,000 = ?p / 0.15

?p = 3,150

Investment cost of ?p =3,150