Nike and Merck are two of the 30 stock in the Dow jones industrial average. Sop

Question

Nike and Merck are two of the 30 stock in the Dow jones industrial average. Sop pose the disorder of the DJIA is currently 0.125. If both of the two stocks increase by $1 while the remaining 28 stocks in the DJIA remain unchanged , how will the DJIA increase? Nike and Merck are two of the 30 stock in the Dow jones industrial average. Sop pose the disorder of the DJIA is currently 0.125. If both of the two stocks increase by $1 while the remaining 28 stocks in the DJIA remain unchanged , how will the DJIA increase?

Explanation / Answer

DJIA = Sum of Price of 30 Stocks / 30 = 0.125 Increase in price of 2 stock = $1 + $1 = $2 Increase in DJIA = $2 / 30 = 0.0667 New DJIA = 0.191667

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