Question: The Value Line Index is designed to reflect changes in the value of a portfolio of over 1 , 6 0 0 equally weighted stocks.

The Value Line Index is designed to reflect changes in the value of a portfolio of over 1,600 equally weighted stocks. Prior to March 9,1988, the change in the index from one day to the next was calculated as the geometric average of the changes in the prices of the stocks underlying the index. In these circumstances, does equation F0=S0e^(r-q)T

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