Question

You construct a price-weighted index of 33 stocks. At the beginning of the day, the index...

You construct a price-weighted index of 33 stocks. At the beginning of the day, the index is 9,241.90. During the day, 32 stock prices remain the same, and 1 stock price increases $4.10. At the end of the day, your index value is 9,267.86. What is the divisor on your index? (Do not round intermediate calculations. Round your answer to 8 decimal places.)

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