Question: 1. Name some stock exchanges. 2. Explain why the Dow Jones Industrial Average was created. 3. Explain why people buy stocks. 4. Explain a stock

1. Name some stock exchanges.
2. Explain why the Dow Jones Industrial Average was created.
3. Explain why people buy stocks.
4. Explain a stock mutual fund.
5. Explain a Spyder.
6. Explain whether it is better for a stock to have a high yield or a low yield, ceteris paribus.
7. Explain what a high P/E ratio indicates.

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