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The Dow Jones And Company
Part 1 of Paper .... Dow Jones Industrial Average is now
the world's most vital business and financial news and information service.
The DJIA is an index of 30 "blue-chip" US stocks. The Dow Jones Industrial
Average tracks the stock performances of about one percent of the
companies traded on the New York Stock Exchange floor. It is the o.... Part 2 of Paper .... stock market can sometimes be to hectic for basic math.
The most frequent reason for this is a stock split. Suppose a company in
the DJIA issues one new share for each share outstanding. After this two-
for-one "split," each share of stock is worth half what it was immediately
before, other things being equal. But without an adjustment in the divisor,
this split would produce a distortion in the industrial average. Here is
an example: Imagine three stocks selling at $5, $10 and $15. Their avera.... |
Number of words: 579 - Approximate pages: 3 |
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