Describe the basic philosophy and use of stock market averages and indexes. Explain how the behavior of

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Describe the basic philosophy and use of stock market averages and indexes. Explain how the behavior of an average or index can be used to classify general market conditions as bull or bear.

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Fundamentals of Investing

ISBN: 978-0133075359

12th edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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Question Posted: Apr 28, 2015 03:30 AM

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Describe the basic philosophy and use of stock market averages and indexes. Explain how the behavior of

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Stock market averages and indexes are used to measure the ...View the full answer

Fundamentals of Investing

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