It was reported in the network news that Dow-Jones Industrial Averages (DJIA) jumped by 500 points from

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It was reported in the network news that Dow-Jones Industrial Averages (DJIA) jumped by 500 points from 10,000 to 10,500 in the month of January.

This means __________ :

a) All share prices in New York Stock Exchange (NYSE) rose by 5% each.

b) The value of the companies in NYSE increased by 5% each.

c) All prices of the DJIA constituents increased by 5% each.

d) The price-weighted average of DJIA constituents increased by 5%.

Related Book For answer-question

Fundamentals of Financial Accounting

ISBN: 978-0078025914

5th edition

Authors: Fred Phillips, Robert Libby, Patricia Libby

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Posted Date: Apr 12, 2020 09:20 AM

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Fundamentals of Financial Accounting

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