There are two basic types of stock market index. a. The Dow Jones Industrial Average is a

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There are two basic types of stock market index.

a. The Dow Jones Industrial Average is a price-weighted index.

b. The S&P 500 is a value-weighted index.

c. For every stock market in the world, there is a comprehensive index that is used to measure overall performance.

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Money Banking And Financial Markets

ISBN: 9781260226782

6th Edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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