You learn that the Dow Jones Total Stock Market market-value-weighted index increased by 16 percent during a

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You learn that the Dow Jones Total Stock Market market-value-weighted index increased by 16 percent during a specified period, whereas a Dow Jones Total Stock Market equal-weighted index increased by 23 percent during the same period. Discuss what this difference in results implies.

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Investment Analysis and Portfolio Management

ISBN: 978-0538482387

10th Edition

Authors: Frank K. Reilly, Keith C. Brown

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