15. Stock Indexes (LO4, CFA2) Which one of the following statements regarding the Dow Jones Industrial Average

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15. Stock Indexes (LO4, CFA2) Which one of the following statements regarding the Dow Jones Industrial Average is false?

a. The DJIA contains 30 well-known large-company stocks.

b. The DJIA is affected equally by dollar changes in low- and high-priced stocks.

c. The DJIA is affected equally by percentage changes in low- and high-priced stocks.

d. The DJIA divisor must be adjusted for stock splits.

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Fundamentals Of Investments Valuation And Management

ISBN: 9781260013979

9th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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