There are two basic types of stock market index. a. The Dow Jones Industrial Average is a
Question:
There are two basic types of stock market index.
a. The Dow Jones Industrial Average is a price-weighted index.
b. The S&P 500 is a value-weighted index.
c. For every stock market in the world, there is a comprehensive index that is used to measure overall performance.
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a True The Dow Jones Industrial Average DJIA is a priceweighted index meaning the index value is cal...View the full answer
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Related Book For
Money Banking And Financial Markets
ISBN: 9781260226782
6th Edition
Authors: Stephen Cecchetti, Kermit Schoenholtz
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