Question: ( Ref . Unit 1 Slide 1 3 ) Which of the following is not correct about a market value - weighted index? It is

(Ref. Unit 1 Slide 13) Which of the following is not correct about a market value-weighted index?
It is the methodological base of the S&P 500 Index
Larger firms have a bigger representation in the index
The weight of each stock in the index is proportional to the market value of the stock
It is equivalent to purchasing an equal number of shares of stocks to create a portfolio
 (Ref. Unit 1 Slide 13) Which of the following is not

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